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125 S Howes St, Fort Collins, CO 80521

Fort Collins
Local realty services provided by:CENTURY 21 Top Dog Properties
125 S Howes St,Fort Collins, CO 80521
$1,895,000
  • - Beds
  • - Baths
  • 6,200 sq. ft.
  • Multi-family
  • Active
Listed by: erik broman
Office: realtec c.r.e.s., llc9702299900
MLS#:1066791
Source:IRES

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 #:1066791
  • Added:1 day(s) ago
  • Updated:August 21, 2026 at 07:42 PM

Rooms and interior

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

Heating and cooling

  • Heating:Forced Air

Structure and exterior

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

Schools

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

Utilities

  • Water:City

Finances and disclosures

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