Drake Professional Park - Drake Executive Plaza

Off-Market

2625 Redwing Road, Fort Collins, CO 80526

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  • Property Type Office - General Office
  • Property Size 29,753 SF
  • Lot Size 0.98 Acre
  • Parking Spaces Avail. 107
  • Parking Ratio 3.60 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1981

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Fort Collins

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Fort Collins Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $24.00
  • 2021 Office Vacancy Rate 18.21%
  • 2021 Office Completions (SF) 39,900

Fort Collins Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $146.22
  • 2021 Office Sales Volume $57.1M
  • 2021 Number of Transactions 8
View more Fort Collins market trends

Location

Getting Around

  • Walk Score ®

    57/100 Somewhat Walkable
  • Transit Score ®

    43/100 Some Transit
  • Bike Score ®

    95/100 Biker's Paradise
Powered by Walk Score ®
  • City Fort Collins, CO
  • Neighborhood Meadowlark
  • Zip Code 80526
  • Market Denver

Points of Interest

  • Drake Station

    0.17 miles

  • College & Harvard

    0.25 miles

  • McClelland & Swallow

    0.39 miles

  • CSU Tennis Complex

    0.45 miles

  • Swallow & DMV

    0.45 miles

  • Foothills Mall

    0.60 miles

  • Mall Transfer Point

    0.78 miles

  • Shields & Drake

    0.79 miles

  • Shields & Rocky Mountain

    0.80 miles

  • Swallow & Stanford

    0.81 miles

  • 7-Eleven

    0.30 miles

  • Valero

    0.45 miles

  • Conoco

    0.81 miles

  • Corner Store Express

    0.85 miles

  • Shell

    0.88 miles

  • 7-Eleven

    1.09 miles

  • Loaf 'N Jug

    1.19 miles

  • Hospital Shell

    1.62 miles

  • 7-Eleven

    1.64 miles

  • Lloyd's Auto Service

    1.66 miles

  • Drake Station Parking

    0.17 miles

  • Solar Plaza Parking Lot

    0.20 miles

  • Swallow Station Parking

    0.42 miles

  • Public Parking

    0.93 miles

  • Lake Street Parking Garage

    1.18 miles

  • South College Garage

    1.35 miles

  • Faculty

    1.35 miles

  • X/Z Lot

    1.41 miles

  • Troutman Station (West) Parking

    1.55 miles

  • Troutman Station (East) Parking

    1.55 miles

  • Marriott

    0.93 miles

  • Hilton Fort Collins

    1.04 miles

  • Quality Inn & Suites

    1.30 miles

  • Best Western University Inn

    1.65 miles

  • Candlewood Suites

    1.72 miles

  • Fernweh Inn & Hostel

    2.15 miles

  • Armstrong Hotel

    2.32 miles

  • Courtyard by Marriott Fort Collins

    2.38 miles

  • Holiday Inn Express & Suites

    2.44 miles

  • Residence Inns Marriot

    2.48 miles

  • Panhandler's Pizza

    0.18 miles

  • Tortilla Marissa's

    0.19 miles

  • Dickey's Barbecue Pit

    0.20 miles

  • Moot House

    0.25 miles

  • Dunkin'

    0.26 miles

  • First Watch

    0.27 miles

  • La Creperie & French Bakery

    0.28 miles

  • Khon Thai

    0.30 miles

  • Star of India

    0.31 miles

  • Maza Kabob

    0.33 miles

  • Avila's Barber School

    0.29 miles

  • Beattie Elementary School

    0.31 miles

  • O'Dea Elementary School

    0.58 miles

  • Compass Charter School

    0.65 miles

  • Spring Creek School

    0.79 miles

  • Rocky Mountain High School

    0.92 miles

  • Boltz Middle School

    1.09 miles

  • IBMC

    1.18 miles

  • Barton Early Childhood Center

    1.31 miles

  • Colorado State University

    1.32 miles

  • Sunshine House Early Learning Academy

    0.69 miles

  • Rocky Mountain KinderCare

    0.82 miles

  • Mountain Kids

    0.99 miles

  • Sunshine House

    1.49 miles

  • KinderCare

    7.08 miles

Frequently Asked Questions

What is the total square footage of Drake Professional Park - Drake Executive Plaza?

Drake Professional Park - Drake Executive Plaza totals 29,753 square feet.

When was this property built?

Drake Professional Park - Drake Executive Plaza was built in 1981.

What is the property tax for Drake Professional Park - Drake Executive Plaza?

The property tax for Drake Professional Park - Drake Executive Plaza in 2022 was $68,436.

What is the market value for Drake Professional Park - Drake Executive Plaza?

The market value* for Drake Professional Park - Drake Executive Plaza in 2022 was $2,499,200.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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