383 Drake RdFort Collins, CO 80526

For Sale
$675,000

Prime Medical/Dental Office, Owner/User

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 3,397 square foot medical office condominium, located at 383 W Drake Rd, Suite 103, Fort Collins, CO 80526, presents a unique owner-user opportunity. Situated in the Drake Office Park, this Class B building offers a desirable mid-town location. The property, built in 1983 and featuring two stories, boasts a spacious layout ideal for a variety of medical or dental practices. The unit includes a large reception area, multiple private offices, several exam rooms, a sizable clinic with natural light, an in-house dental lab, and a convenient kitchenette. Restrooms are conveniently located within the suite. Ample parking is available with 60 spaces. The property is zoned E and currently occupied by Aspen Dental under a NNN lease expiring March 31, 2024. The asking price is $675,000, translating to $198.70 per square foot. This is a multi-tenant building with one unit available. Incentives for qualified buyers/tenants include one year of interest-only owner carry financing or one year of free rent (for a 5+ year lease term, subject to terms). This presents a compelling investment opportunity for a medical or dental professional seeking a turnkey practice space in a thriving Fort Collins location.

Highlights

  • $675,000 asking price for a 3,397 SF medical/traditional office condo.
  • Located in mid-town Fort Collins, CO at 383 W Drake Rd, Suite 103.
  • Class B, multi-tenant building with 60 parking spaces.
  • Currently occupied by Aspen Dental with lease expiring 03/31/2024; NNN lease.
  • Features a reception area, private offices, exam rooms, clinic, lab, and kitchenette.

Property Details for 383 Drake Rd

Property type
Other office properties, Medical offices
Square Feet
3,397 SF
Class
B
Year Built
1983
Stories
2
Units
1

Location Insight

City
Fort Collins
County
Larimer
State
Colorado
Latitude
40.5523133
Longitude
-105.0831875
383 Drake Rd, Fort Collins, Colorado

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383 Drake Rd
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