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Property profile & analytics
FOR LEASE
Specialty properties

5600 Arapahoe Ave Boulder, CO 80303

18,132 SF 2.54 ac lot Built 1983
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US13-1097315
Property summary
AI-generated overview

This exceptional 10,484 square foot commercial property, situated on a 0.29-acre lot at 5600 Arapahoe Avenue in Boulder, Colorado, presents a compelling investment opportunity. The building boasts 12 suites currently housing 10 tenants, with lease terms ranging from one to three years, ensuring a stable income stream. The property enjoys a near-full occupancy rate, minimizing vacancy risks. Its enviable location offers unparalleled proximity to a vibrant array of popular restaurants and breweries, including Blackbelly, Pica's Mexican, Ozo Coffee, Snarf's, Le Frigo, Wild Provisions, 4 Noses Brewing, and Upslope Brewing, attracting a high volume of foot traffic and potential customers. The property's aesthetic appeal is further enhanced by its lush landscaping, meticulously maintained gardens, and inviting outdoor sitting areas, creating a pleasant and welcoming atmosphere. The stunning views overlooking the Flatirons Golf Course add to the property's desirability. Ample parking is provided with 30 spaces available for tenants and visitors. This well-maintained building offers a blend of strong financial performance and desirable location, making it an ideal investment for discerning buyers seeking a stable and potentially appreciating asset in the thriving Boulder market. The property is priced at $3,841,000.

Property profile
Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1983
Construction FRAME
Total area 18,132 SF
Lot 2.54 ac (110,773 SF)
APN 1463-34-2-03-005
UPID US13-1097315
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Farmers Insurance - Kevin Ratzlaff Insurance Agency
  • Behavioral Treatment Services Medical Clinic
  • Viaserv Inc (Bike/Boat/Book/etc) Store Corporate Office
  • Intervention Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
$879k
Blend (final) Blend
$695k
Owner & transaction history
Fairway Fortress LLC · 7 yrs held
Fairway Fortress LLC
since 2018
5 recorded transactions
2018
$3.0M
2007
$6.1M
2006
$5.5M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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