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Home » Real Estate » CO » Fort Collins » 80526 » 1119 Drake Rd, #1119, Fort Collins, CO, 80526
$4,250,000

1119 Drake Rd, #1119, Fort Collins, CO, 80526

RE/MAX Commercial Alliance is pleased to present the opportunity to purchase this well tenanted and diverse retail offering. The buildings at 1113 & 1119 W Drake Road are situated within Cimarron Plaza Shopping Center located at Drake Road and Shields Avenue, which provide main arterial access for Fort Collins and to I-25. This site is within walking distance to Colorado State University and nestled within a strong housing demographic and dense employment. A stable tenant mix and central location within Fort Collins rounds out this desirable investment property. Ideal for the risk adverse investor as this center historically has extremely low vacancy. 1113 & 1119 W Drake can be purchased together for $6,850,000 at a 6.6% cap rate. 1119 W Drake can be sold separately for $4,500,000 at a 6.75% cap rate. 1113 cannot be sold separately. Please contact the listing broker for more information.
Offered By
Michelle Hickey Crawford, RE/MAX Comm. Alliance-FTC Dwtn

Property Details

Property Type Commercial Sale
Status Closed
Property Sub Type Retail
MLS # 936749

Market Trends

New Properties On Market
66
154% Increase In New Listings
Average Asking Price
$587,203
$32,564 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$273
$14 Increase In List Price/Sq. Ft.
Average Days On Market
13
21 Day Decrease In Days On Market
Data as of Apr 09, 2026. Remaining statistics above are calculated on activity within the period from Feb 01, 2026 to Mar 31, 2026.