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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 Detailsfor 121 Kensington Dr

General

  • Sold For: $1,450,000
  • Status: Closed
  • Type: Commercial
  • MLS ID: 827326
  • Added: 274 day(s) ago

Property History

  • 121 Kensington Dr, Fort Collins, CO
  • Sold at $1,450,000 on 4/4/18
  • Listed at $1,575,000 on 7/21/17

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

Schoolsserving 121 Kensington Dr

School District:Poudre School District
School Name
Grades
Distance
Kruse Elementary School
4400 McMurry Ave, Fort Collins, CO 80525
PK-5
1.6 mi
Boltz Middle School
720 Boltz Dr, Fort Collins, CO 80525
6-8
1.4 mi
Fort Collins High School
3400 Lambkin Way, Fort Collins, CO 80525
9-12
2.4 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Community Info

Community Infofor 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.