Multi-Tenant Retail Strip with Car
For Sale
Contact for pricing
100 E South Boulder Rd, Lafayette, CO 80026
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 Market118
Property Features for 100 E South Boulder Rd
General Information
Standard status
Active
Size
7,432 SF
Total Parking Spaces
25
Lot size
0.92 Acres
Property subtype
RETAIL
Occupancy
85%
Additional Details
Service Bays
5
Building Details
Tenancy
Multi
Listing Agency:
The Colorado Group, Inc.
(303) 449-2131
Listed By:
Gregory Fair
(303) 995-3388
Source:
Moodyscre
Added: Jun 30
Changed: Oct 25
Last Checked: Oct 24 at 9:15PM
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.
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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
Estimated NOI and Cap Rate
NOI / Yr
$147,020
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,940,400
$2.9M
Cap Rate 7%
$2,100,286
$2.1M
Cap Rate 9%
$1,633,556
$1.6M
Market Conditions
NOI Build-Up for 7,432 SF
Gross rent
$223.0K $30.00/SF
− Vacancy
−$12.9K −$1.74/SF
EGI
$210.0K $28.26/SF
− OpEx
−$63.0K −$8.48/SF
NOI
$147.0K $19.78/SF
Area
Boulder County, CO
Vacancy
5.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,940,400
Cap Rate 7%
$2,100,286
Cap Rate 9%
$1,633,556
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 authorities.
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Current Use
Lease Details
5
Service bays
85%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,092
Businesses Nearby
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Business Placement
Demographics for 80026, CO
32,318
Population
14,209
Households
2.3
Avg Household Size
39
Median Age
66%
College-Educated
96%
High-School Grad
22.5 sq mi
ZIP Area
1,436
Density / Sq Mi
$115,031
Median Household Income
$59,937
Median Earnings
$2,054
Median Rent
$664,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
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.
