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Industrial Flex For Sale 1309 Duff Drive, Fort Collins, CO 80524
Property Description
The Property: 1309 Duff Drive is a rare find—a solid brick building with a flexible layout, that includes office, warehouse, and a fenced yard—all located in the heart of the Fort Collins Business Center. This ideal location sits in-between downtown Fort Collins and I-25, with north Denver just 50 minutes away. The property offers steady cash flow, consistent rent growth, and a strong overall cap rate.
This industrial flex property is currently leased through July 2027, with two 3-year options to extend (potential 2033 expiration). The current tenant is Terracon Consulting, Inc., a large, employee-owned engineering consulting firm with over 200 offices, 8,000 employees, and over $1B in sales annually.
Area Description
Market Overview: This market is centered on the Fort Collins Business Center, a thriving industrial area in northern Colorado—close to Cheyenne, WY toward the North, and Loveland and Greeley, CO to the immediate South. This area is not only conveniently close to most businesses, it’s in a very desirable city that benefits from population growth that exceeds the National average and has a younger, more educated, and more affluent population base.
(Fort Collins pop growth +1.4% vs National growth at +0.5% in 2025, Census.gov. 71% of pop is 18-64yr olds vs 61% Nationally. 61% hold BS degree or higher vs 34% Nationally. Median HH income at $88k/yr vs $79k/yr Nationally. Sources: Census.gov, 2025 and Bureau of Labor Statistics, 2026.)
Highlights
THE RETURN
•Steady Cash Flow: Net Operating Income Ranges from $75k to $91k (2026 to 2033 est)
•Growing Income Stream: 3% Annual Escalators on Base Rent; 3% Annual Property Appreciation, in addition to Depreciation & Tax Benefits
•Cash-On-Cash Annual Return averages 7% (2026-2033), with a 17% Return in 2033
•IRR: 6.5% (Before Tax; 35% Down, 6.5% Interest Rate, 25 yr term, property appreciates +3%/yr)
•ROIC averages 73% (2026-2033), with 176% ROIC in 2033
THE PROPERTY
•Excellent Location in The Fort Collins Business Center (Close to Businesses/Downtown FoCO or I-25)
•Solid Brick Office Building (Durable, low maintenance, & energy efficient)
•Big Warehouse: 18’ Height, 4 Bays, 4x 12’ Overhead Doors, Wash Bay w/ Sand Trap (Ease of mobility & maximize space/storage)
•Flexible Layout (Office/admin; warehouse/storage; & light manufacturing or distribution all under one roof)
•Recently Resurfaced Parking Lot ($ Savings for owner & tenants)
•Large Fenced Yard (Plenty of secure parking and storage)
•Located in Enterprise Zone ($ tax savings)
•Larimer County Jurisdiction (Easy to work with, less regulation, greater flexibility)
Full Address: 1309 Duff Drive, Fort Collins, CO 80524
Listing Type: FOR SALE
Status: Active
Occupancy Rate: 100%
Region: W-WM
County: Larimer County
Property ID: 4108121
Building Sf: 4,612
Cap Rate: 5.1%
Tenancy Type: Single-Tenant
THE RETURN •Steady Cash Flow: Net Operating Income Ranges from $75k to $91k (2026 to 2033 est) •Growing Income Stream: 3% Annual Escalators on Base Rent; 3% Annual Property Appreciation, in addition to Depreciation & Tax Benefits •Cash-On-Cash Annual Return averages 7% (2026-2033), with a 17% Return in 2033 •IRR: 6.5% (Before Tax; 35% Down, 6.5% Interest Rate, 25 yr term, property appreciates +3%/yr) •ROIC averages 73% (2026-2033), with 176% ROIC in 2033 THE PROPERTY •Excellent Location in The Fort Collins Business Center (Close to Businesses/Downtown FoCO or I-25) •Solid Brick Office Building (Durable, low maintenance, & energy efficient) •Big Warehouse: 18’ Height, 4 Bays, 4x 12’ Overhead Doors, Wash Bay w/ Sand Trap (Ease of mobility & maximize space/storage) •Flexible Layout (Office/admin; warehouse/storage; & light manufacturing or distribution all under one roof) •Recently Resurfaced Parking Lot ($ Savings for owner & tenants) •Large Fenced Yard (Plenty of secure parking and storage) •Located in Enterprise Zone ($ tax savings) •Larimer County Jurisdiction (Easy to work with, less regulation, greater flexibility)
1: Drilling Engineers Inc (part of Terracon Consulting Inc) Occupied: 4612 SF Lease Expiration: July 2027 (2 Options to Extend to July 2033)