Multi-Tenant Retail Strip with Car
100 E South Boulder Rd Lafayette, CO 80026
For Sale
Contact for pricing
Multi-tenant strip center plus 5-bay self-serve car wash on a corner lot with 25 parking spaces.
Property Size7,432 SF
Lot Size0.92 Acres
Price / SF$443.89
Days on Market28
Property Features for 100 E South Boulder Rd
General Information
- Standard status
- Active
- Size
- 7,432 SF
- Lot size
- 0.92 Acres
- Property subtype
- RETAIL
Listing Agency:
The Colorado Group, Inc.
(303) 995-3388
Listed By:
Gregory Fair
(303) 995-3388
Source:
Moodyscre
Added: Jun 30
Changed: Jul 25
Last Checked: Jul 26 at 2:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Colorado Group, Inc.
Investment Insights
Based on property information with market context.
This multi-tenant retail strip center totals 7,432 SF and includes 5,400 SF of strip retail along with a 5-bay self-serve car wash totaling 1,993 SF. The property is 0.92 acres and is 85% leased with five tenants. HVAC consists of five rooftop units, and the roof is described as in great condition and approximately nine years old, with base rent annual escalations noted in the offering.
The center is located at 100 E South Boulder Rd in Lafayette, Colorado on a corner lot with high traffic counts and excellent visibility, and it includes 25 parking spaces. Starfish Car Wash features heated floor slabs and was rebuilt in 2021 with new LED lighting, compressor, water softener, water heater, two new change machines, three new vacuums, and a Nayax credit card system. The car wash also has a video security system, and there is room to add additional vacuums and vending. The property is across the street from a new apartment project.
The center is located at 100 E South Boulder Rd in Lafayette, Colorado on a corner lot with high traffic counts and excellent visibility, and it includes 25 parking spaces. Starfish Car Wash features heated floor slabs and was rebuilt in 2021 with new LED lighting, compressor, water softener, water heater, two new change machines, three new vacuums, and a Nayax credit card system. The car wash also has a video security system, and there is room to add additional vacuums and vending. The property is across the street from a new apartment project.
Key Highlights
- 7,432 SF multi‑tenant strip center (including car wash) on a 0.92‑acre corner lot.
- 85% leased with 5 tenants and base rent annual escalations.
- 5,400 SF strip center with 25 parking spaces and 5 rooftop HVAC units.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $223.0k | $30.00 |
| − Vacancy | −$12.9k | −$1.74 |
| EGI | $210.0k | $28.26 |
| − OpEx | −$63.0k | −$8.48 |
| NOI | $147.0k | $19.78 |
7,432 SF · lease $30.00/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.10M
$1.84M – $2.45M
NOI $147,020 @ 7.0% cap · market cap 4.46%
Second Best
Specialty Retail
$1.35M
$1.18M – $1.58M
NOI $94,513 @ 7.0% cap · market cap 2.86%
Theoretical Best
Office A
$2.24M
$1.96M – $2.62M
NOI $156,964 @ 7.0% cap · market cap 4.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Shifu Express
Restaurant
888 Massage
Alternative Medicine Practice
Starfish Car Wash
Car Wash
Natural Grocers
Grocery & Convenience Store
FAQs
What type of property is this?
Strip mall - Multi-tenant strip center plus 5-bay self-serve car wash on a corner lot with 25 parking spaces.
Where is this strip mall located?
The property is located at 100 E South Boulder Rd Lafayette, CO.
What is the asking price?
The asking price for this property is $3,299,000.
What are key features of this property?
This property features: 7,432 SF multi‑tenant strip center (including car wash) on a 0.92‑acre corner lot.; 85% leased with 5 tenants and base rent annual escalations.; 5,400 SF strip center with 25 parking spaces and 5 rooftop HVAC units.
