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Drake Professional Park - Drake Executive Plaza

Off-Market

2625 Redwing Road, Fort Collins, CO 80526

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 29,753 Sqft
  • 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

Location

  • City Fort Collins, CO
  • Neighborhood Meadowlark
  • Zip Code 80526
  • Market Denver

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.

  • 2020 Avg. Asking Rent $25.93
  • 2020 Office Vacancy Rate 5.59 %
  • 2020 Office Completions (Sqft) 25,427
View more Fort Collins market trends

Tax

  • Property Tax in 2020 $68,620
  • Market Value $2,529,000
  • Assessed Value $2,529,000

Find more tax info, including assessment history and abatements, on CommercialEdge

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 2020 was $68,620.

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

The market value for Drake Professional Park - Drake Executive Plaza in 2020 was $2,529,000.

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