Flex Space with Ionization Air
For Sale
Contact for pricing
7007 Winchester Cir, Boulder, CO 80301
Flex space updated with a building-wide ionization air purification system, plus freight elevator and dock loading slips.
Property Size36,136 SF
Price / SF$193.71
Days on Market2160
Property Features for 7007 Winchester Cir
General Information
Standard status
Active
Size
36,136 SF
Elevators
Yes
Property subtype
FLEX_R_AND_D
Additional Details
Dock-High Doors
2
Amenities
building-wide ionization air purification system
multiple fiber optic providers
common area restroom with showers
freight-sized elevator
Building Details
Buildings
1
Listing Agency:
The Colorado Group, Inc.
(303) 589-5261
Listed By:
W. Scott Reichenberg · License #FA100067853
(303) 589-5261
Source:
Moodyscre
Added: Sep 2, 2020
Changed: Jul 29
Last Checked: Aug 1 at 1:33PM
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.
Flex space totaling 36,136 SF, offered with options for a full-floor user on the second floor or division into multiple suites on the first floor. The building has recently been updated with a building-wide ionization air purification system.
Additional operational features include multiple fiber optic providers in the building, a common area restroom with showers, and a freight-sized elevator. Loading is supported by two dock loading slips, and there is boarders open space for building users.
Ample on-site parking is available, and the property location is described as providing convenient access to surrounding cities. A market tenant improvement allowance is available, to be negotiated.
Additional operational features include multiple fiber optic providers in the building, a common area restroom with showers, and a freight-sized elevator. Loading is supported by two dock loading slips, and there is boarders open space for building users.
Ample on-site parking is available, and the property location is described as providing convenient access to surrounding cities. A market tenant improvement allowance is available, to be negotiated.
Key Highlights
- 36,136 SF flex space with space options as full‑floor or multiple first‑floor suites
- Building‑wide ionization air purification system recently updated
- Multiple fiber optic providers available in the building
Financial Insights For Office B
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 | $954.0k | $26.40 |
| − Vacancy | −$276.7k | −$7.66 |
| EGI | $677.3k | $18.74 |
| − OpEx | −$169.3k | −$4.69 |
| NOI | $508.0k | $14.06 |
36,136 SF · lease $26.40/SF/yr · vacancy 29.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$7.26M
$6.35M – $8.47M
NOI $508,000 @ 7.0% cap · market cap 7.26%
Second Best
Warehouse
$5.59M
$4.89M – $6.52M
NOI $391,237 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$12.21M
$10.68M – $14.25M
NOI $854,775 @ 7.0% cap · market cap 12.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Dock-high doors
Location Intelligence
Trade Area within ½ mile
279
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80301, CO
25,944
Population
12,644
Households
2.1
Avg Household Size
38
Median Age
69%
College-Educated
97%
High-School Grad
28.6 sq mi
ZIP Area
907
Density / Sq Mi
$92,974
Median Household Income
$52,325
Median Earnings
$1,999
Median Rent
$761,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space updated with a building-wide ionization air purification system, plus freight elevator and dock loading slips.
Where is this flex space located?
The property is located at 7007 Winchester Cir Boulder, CO.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: 36,136 SF flex space with space options as full‑floor or multiple first‑floor suites; Building‑wide ionization air purification system recently updated; Multiple fiber optic providers available in the building
