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4/24/26
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A 40.7k sf industrial property in the city of Fort Collins, CO traded in a $5.83 mil ($143/sf) transaction. The property is located at 4812 McMurry Ave, south of Harmony Rd and east of College Ave.
Located in one of Colorado’s fastest-growing markets, the single-story property was built in 1995 and features one dock-high door, two ground-level doors, and a 12-foot clear height. The building is leased to two tenants, Megger, an electronic test equipment manufacturer, and Lincare, a respiratory healthcare company.
The property is approximately three miles from Interstate 25, providing access to key regional markets, including Fort Collins, Denver and Colorado Springs.
The buyer was Boston McMurry LLC. CBRE’s Jon Rue and Anthony DeLorenzo represented the seller, QCS 4 LLC, in the transaction.
“We continue to see strong investor demand for value-add industrial opportunities in Northern Colorado,” said Rue, first vice president at CBRE. “This well-located property is a strong example of that, offering upside through lease-up and repositioning.”
According to CBRE Research, the Fort Collins submarket recorded one of the lowest direct vacancy rates in Northern Colorado during the first half of 2025, with overall vacancy levels at their lowest point in the past five years.
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