Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    994 W Dillon Rd Louisville, CO 80027

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $38 SF/Yr ($6,769 /Mo)

    Sublease available in a vibrant Louisville business district center.

    Property size:
    2,110 SF
    Lot size:
    1.73 Acres

    Property Features for 994 W Dillon Rd

    General Information

    Size
    2,110 SF
    Lot size
    1.73 Acres

    We can help!

    Listing Contact
    Aki Palmer
    Source: Moodyscre

    Listing Agent: Aki Palmer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Space in Louisville Center

    A sublease opportunity is available through November 30, 2028, at a lease rate of $38.50 per square foot NNN. The property is part of a 12,654 square foot building with limited remaining space. Located in the heart of Louisville's business district, the property benefits from high visibility at the signalized intersection of McCaslin Road and Dillon Road, conveniently situated off US 36. The location is within walking distance of 564 hotel rooms. Current tenants include Smashburger, MOD Pizza, Jimmy John’s, Comfort Dental, and Mad Greens.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Boulder
    State
    Colorado
    Longitude
    -105.164431
    Latitude
    39.959772

    Nearby Similar for Lease

    • $15 SF/Yr
      54,450 SF

      Industrial Flex Space in Louisville

      Versatile industrial warehouse with office space in Colorado Tech Center.
      405 S Pierce Ave, Louisville, CO 80027
      View Details
    • $20 SF/Yr
      57,935 SF

      Professional Office Suites Available

      Office suites with high-end finishes and excellent visibility for lease.
      400 S Mccaslin Blvd, Louisville, CO 80027
      View Details
    • $20 SF/Yr
      44,867 SF

      High Visibility Retail Space Available

      Retail spaces for lease with restaurant opportunities and tenant improvements.
      1116 W Dillon Rd, Louisville, CO 80027
      View Details
    • $22 SF/Yr
      17,796 SF

      Modern Flex Space with Mountain Views

      New flex/industrial space featuring mountain views and modern design.
      600 S Pierce Ave, Louisville, CO
      View Details
    • $28 SF/Yr
      2,236 SF

      Modern Office Space in Louisville

      Modern office space with conference rooms and easy highway access.
      1025 Cannon St, Louisville, CO
      View Details
    • $20 SF/Yr

      High Visibility Retail Space Available

      Retail space for lease with high visibility and tenant improvements.
      1116 W Dillon Rd, Louisville, CO 80027
      View Details
    • $15 SF/Yr
      32,000 SF

      Industrial Flex Space in Louisville

      Versatile industrial space with warehouse, office, and secure storage.
      1797 Boxelder St, Louisville, CO
      View Details
    • $18 SF/Yr
      1,796 SF

      Louisville Office Space For Rent

      Versatile office space in Centennial Valley Business Park.
      1157 W Century Dr, Louisville, CO
      View Details
    • $18 SF/Yr
      1,587 SF

      Professional Office/Medical Space For Rent

      Professional office or medical space with convenient access to US 36.
      275 Century Cir, Louisville, CO
      View Details
    • $20 SF/Yr
      11,224 SF

      High Visibility Retail Space Available

      New retail space with restaurant opportunities and tenant improvement allowances.
      1116-1124 W Dillon Rd, Louisville, CO 80027
      View Details
    • Contact for pricing

      Technologically Advanced Office Space

      High-image corporate business park centrally located on US 36.
      854 Coal Crk Cir, Louisville, CO 80027
      View Details
    • $12 SF/Yr
      7,856 SF

      Industrial Space with Solar System

      7,856 SF industrial space with solar power in Louisville.
      740 S Pierce Ave, Louisville, CO
      View Details

    FAQs

    What type of property is this?
    Strip mall - Sublease available in a vibrant Louisville business district center.
    Where is this strip mall located?
    The property is located at 994 W Dillon Rd Louisville, CO.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: - Prime visibility at the signalized intersection of McCaslin Road and Dillon Road.; - Sublease Available Through November 30, 2028 | Lease Rate: $38.50/SF NNN; - Be a part of a vibrant lineup including Smashburger, MOD Pizza, Jimmy John’s, Comfort Dental, and Mad Greens.
    (970) 776-3900
    Request Owner's contact information
    994 W Dillon Rd Louisville, CO 80027
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    994 W Dillon Rd
    Louisville, CO 80027
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    994 W Dillon Rd Louisville, CO 80027
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Aki Palmer
    Real Estate License ID: 040037834
    (970) 776-3900
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.