125 S Howes Street, Fort Collins, CO 80521

Fort Collins
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
125 S Howes Street,Fort Collins, CO 80521
$1,895,000
  • - Beds
  • - Baths
  • 6,200 sq. ft.
  • Single family
  • Active
Listed by: erik broman
Office: realtec c.r.e.s., llc.
MLS#:IR1066791
Source:ML

Price summary

  • Price:$1,895,000
  • Price per sq. ft.:$305.65
  • Monthly HOA dues:$1

About this home

Triple net-lease investment opportunity anchored by Key Bank, an investment-grade tenant that has occupied this first-floor retail/office condo for 30 years. This 6,200 SF condominium sits within the iconic 11-story Key Bank Tower in downtown Fort Collins, offering a stable, passive income stream with minimal landlord responsibilities.Key Bank recently extended its lease through April 2031, with two additional 5-year renewal options carrying built-in rent escalators - providing long-term income visibility well into 2041. Annual NOI of $133,100 reflects a 7% cap rate on the current asking price of $1,895,000. Ownership also includes approx. 12% stake in adjacent vacant parcel.

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Home facts

  • Year built:1970
  • Subdivision & Development:Savings Bldg Condo
  • Listing ID #:IR1066791

Rooms and interior

  • Basement:Yes
  • Basement Description:Partial
  • Living area:6,200 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Membrane
  • Year built:1970
  • Building area:6,200 sq. ft.
  • Lot area:2.93 Acres
  • Construction Materials:Brick
  • Levels:1 Story

Schools

  • High school:Poudre
  • Middle school:Other
  • Elementary school:Dunn

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,895,000
  • Price per sq. ft.:$305.65
MLS LogoBased on information submitted to the MLS GRID as of August 24, 2026 02:34 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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