Premier location situated on College Ave, 1 block north of Harmony Road. Built in 1994, this parcel contains a mini lube garage and car wash occupied by Jiffy Lube as well as a currently vacant gas station. Current lease with Jiffy Lube nets $88,032/year NNN. With vacant gas station paying a proforma amount of $30,000/year NNN, the property would have a CAP rate of 7.5%. Property could be investment, or owner-operator could occupy gas station and receive the income from Jiffy Lube tenant.
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Price & Sales History
Price & Sales History for 121 Kensington Dr
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
121 Kensington Dr, Fort Collins, CO 80525 (MLS# 827326) is a
Commercial property that was sold at $1,450,000 on April 04, 2018.
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Lease with a Right to Purchase
A new affordable option from Home Partners of America. They buy the home, you lease it for 1-5 years with a right to purchase.