1209 N College Ave - Movie Theatre FOR SALE


Fort Collins, CO 80524
$3,500,000 USD
720-838-1157
1209 N College Ave, Fort Collins, CO for Sale
$3,500,000 USD
Movie Theatre - FOR SALE
1/21
null | 6.56% Cap Rate

1209 N College Ave
Fort Collins, CO 80524


HIGHLIGHTS

  • Walking distance to Downtown Fort Collins
  • Ample parking

OVERVIEW

This is a rare opportunity to acquire a fully leased, purpose-built creative venue in the heart of Fort Collins, Colorado. Known as The Lyric, this property serves as a cultural anchor for the community, combining a music venue, theater, restaurant/bar, and outdoor gathering space in one dynamic location. The asset is ideally positioned in a thriving college town just minutes from Colorado State University, benefiting from strong local demographics, consistent foot traffic, and a vibrant arts scene. The property is offered at $3,500,000 with a 6.56% cap rate and a new 7-year NNN lease commencing at close of escrow, providing stable, long-term income. The tenant, a well-established local operator, has been a Fort Collins staple since 2007 and occupies a building specifically designed for their operations. With a projected net operating income of $229,500 (as of May 2025), this investment offers both security and upside in a market known for growth and cultural vitality. Purpose-built in 2017, the property features a bold, colorful aesthetic and a versatile layout that supports live performances, dining, gallery installations, and community events. The expansive outdoor area further enhances its appeal for flexible programming. This is an exceptional chance to own a property that blends financial performance with cultural significance in one of Colorado’s most dynamic markets.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$318 USD /SF

CAP RATE

6.56%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Lyric

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Movie Theatre

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.66 AC

LAND SF

72,310 SF

ZONING

-

APN/PARCEL ID

97024-16-001

ASK ABOUT THIS PROPERTY

Elizabeth HutchinsonPlatinum CREMore Info
720-838-1157

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Elizabeth HutchinsonPlatinum CREMore Info
720-838-1157

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.