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121 Kensington Dr, Fort Collins, CO 80525

$1,450,000

  • Sold
  • Closed
  • Commercial
121 Kensington Dr, Fort Collins, CO 80525View this property at 121 Kensington Dr, Fort Collins, CO 80525
121 Kensington DrFort CollinsCO80525
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Property Description
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.

Full Property Details for 121 Kensington Dr

General

  • Sold For: $1,450,000
  • Status: Closed
  • Type: Commercial
  • MLS ID: 827326
  • Added: 365 day(s) ago

Location

  • County: Larimer
  • Subdivision: Gateway at Harmony Road

Heating & Cooling

  • Cooling Type: Refrigeration/HVAC
  • Heating Type: Forced Air

Structural Information

  • Construction: Brick/Brick Veneer
  • Year Built: 1994

Lot Features

  • Lot Dimensions: 36155
  • Zoning: Commercial

Listed by Cushman Wakefield

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Schools

Schools serving 121 Kensington Dr

School District:Poudre School District
Score
Name
Grades
Distance
7
4400 McMurry Ave, Fort Collins, CO 80525
PK-5
1.6 mi
5
720 Boltz Dr, Fort Collins, CO 80525
6-8
1.4 mi
6
3400 Lambkin Way, Fort Collins, CO 80525
9-12
2.4 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 121 Kensington Dr

Date
Details
Price
Change
Source
4/04/2018
Sold
$1,450,000
-7.94%
MLS
7/21/2017
Listed
$1,575,000
MLS
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.
Community Info

Community Info for 121 Kensington Dr

Listed by Cushman Wakefield

121 Kensington Dr, Fort Collins, CO 80525 (MLS# 827326) is a Commercial property that was sold at $1,450,000 on April 04, 2018. Want to learn more about 121 Kensington Dr? Do you have questions about finding other Commercial real estate for sale in Fort Collins? You can browse all Fort Collins real estate or contact a Coldwell Banker agent to request more information.