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3500 JFK Parkway 3500 John F Kennedy Parkway, Fort Collins, CO 80525
Office Building
Business Opportunities (Other)
Property Description
RE/MAX Commercial Alliance is proud to offer this exceptional opportunity to acquire a fully leased NNN property, available for the first time since its construction. Situated at 3500 John F. Kennedy Parkway in the vibrant midtown district, this trophy asset sits just steps from the redeveloped Foothills Mall and Marriot Hotel, surrounded by an abundance of dining, shopping, and lifestyle amenities. This dynamic location combines visibility, accessibility, and walkability — a winning combination for long-term value.
Containing 41,225 building SF across four levels, this striking property offers abundant parking, expansive natural light, and modern interiors, complemented by a contemporary monument sign for maximum exposure. The well-balanced tenant roster features a mix of established professional office and medical tenants, delivering 100% occupancy.
An additional 0.875 acre pad site is available for sale separately, unlocking future development or expansion potential in a high-demand corridor where opportunities are scarce. This is a turnkey, income-producing asset in a prime location where quality investments rarely come to market.
PROPERTY OVERVIEW
• New roof 2024 with Transferrable 20-year NDL Material Warranty, 5-year Workmanship Warranty.
• New monument sign 2018.
• YOC 1984, 2008 major interior remodel.
• HVAC – 2, 50 ton RTUs. Installed in Nov. 2008, plus April 2017 updated controls system.
• Elevator cab remodeled Oct. 2013. April 2017 new hydraulic dry pump system installed.
• Mill and overlay of parking lot and curb repairs completed September 2025, $90,000 value.
• New radio communication system required by PFA installed.
• Approx. $373,973 future Capital Improvement cost recovery benefit to be conveyed to Buyer.
• Parking: 148 parking spaces (3.89 parking ratio). 124 in front of bldg. 24 in the private drive on N and E side of property. These 24 are shared with property to the north (8 appurtenant to the Pad Site). The property owner to the north is responsible for the maintenance of the 24 shared spaces.
Highlights
REPOSITIONED PRICING
- Sales Price from $9,900,000 to $8,650,000
- Improved 7.27% Cap Rate Based on Actuals. 100% Occupied.
- Seller Carry Avail to Viable Buyers at 5.25% Interest, 1/3rd Down Payment, and 5 Year Balloon.
- 2026 NOI Based on Actual Leases $629,000. Includes 5% Vacancy and Management.
- 41,225 Building SF / 37,507 Rentable SF on 2.43 Acres of Land. Additional 0.875 Acre Pad Site For Sale At $400,000 ($10.50 Per SF).
- Year Built 1984 / 2008 Major Interior Remodel and New HVAC Completed.
- New Roof in 2024.
- Well Managed with Reliable Financial Information.
- Elevator Served Building, Complete with Major Interior Upgrades and Elegant Landscaping.
- Thoughtful Tenant Mix to Incl 16 Tenants, Multiple National Tenants.
- 148 Parking Spaces (3.89 parking ratio).
- Located Within the General Commercial Zone District.
Full Address: 3500 John F Kennedy Parkway, Fort Collins, CO 80525
Listing Type: FOR SALE
Status: Active
Building Class: B
Zoning: General Commercial
Region: W-WM
County: Larimer County
Property ID: 4085812
Building Sf: 41,225
Number Buildings: 1
Year Built: 1984
Free Standing: Yes
Number Parking Spaces: 148
Cap Rate: 7.27%
REPOSITIONED PRICING
- Sales Price from $9,900,000 to $8,650,000
- Improved 7.27% Cap Rate Based on Actuals. 100% Occupied.
- Seller Carry Avail to Viable Buyers at 5.25% Interest, 1/3rd Down Payment, and 5 Year Balloon.
- 2026 NOI Based on Actual Leases $629,000. Includes 5% Vacancy and Management.
- 41,225 Building SF / 37,507 Rentable SF on 2.43 Acres of Land. Additional 0.875 Acre Pad Site For Sale At $400,000 ($10.50 Per SF).
- Year Built 1984 / 2008 Major Interior Remodel and New HVAC Completed.
- New Roof in 2024.
- Well Managed with Reliable Financial Information.
- Elevator Served Building, Complete with Major Interior Upgrades and Elegant Landscaping.
- Thoughtful Tenant Mix to Incl 16 Tenants, Multiple National Tenants.
- 148 Parking Spaces (3.89 parking ratio).
- Located Within the General Commercial Zone District.