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Virtual Drive-By

Key Bank NNN

125 S Howes St · Fort Collins, CO 80521 · Banking / Financial

Asking price
$1,895,000
Cap rate
7.02%
NOI
$133,100

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We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeNNN
Term remaining—
Expiration—
Rent bumps—
Options—
Ground lease—
Credit profileCorporate Guarantee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF6,200
Price / SF$322
Year built—
Lot size—
TypeTraditional Office
Days on market685

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

Presenting an unbeatable triple net investment opportunity in Fort Collins, CO: 125 S. Howes Street. This 6,200 SF office condo, leased to Key Bank for nearly 30 years, offers a stable income with a current net operating income of $121,000 and a 5.76% CAP rate. The tenant's rent is set to increase significantly in May 2026, providing a potential 6.34% CAP rate. Enjoy the benefits of owning 12.22% of the Key Bank complex, including reserved parking and signage on the iconic Key Bank Tower. The property boasts ownership of an additional 40,000 SF parking lot, enhancing its value and investment appeal. With a prime location in a thriving area surrounded by key cities like Loveland and Greeley, this property is set to attract investors who recognize its long-term potential. Don't miss out on this rare chance to invest in a stable income-generating property strategically located in the bustling Fort Collins area. Get in touch for more information and to seize this lucrative opportunity!

Property overview

New price, and lease extended, 5+ years of term in downtown Fort Collins! Presenting an unbeatable triple net investment opportunity in Fort Collins, CO: 125 S.​ Howes Street.​ This 6,200 SF office/retail condo leased to Key Bank on triple net lease for 30 years, offers a stable income with a current net operating income of $133,100 and a 6.67% CAP rate, beginning May 2026.​ Key Bank has signage on the iconic building, known as the Key Bank Tower.​ The property boasts ownership of an additional 40,000 SF parking lot, enhancing its value and investment appeal.​ First floor suite with direct access and reserved parking.​

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.