Office/Warehouse Flex
For Sale
$1,449,000
1360 Horizon Ave Unit 111, Lafayette, CO 80026
Turnkey flex unit with reception, five private offices, conference room, and a rear-loaded warehouse with a 14-foot overhead door.
Property Size3,678 SF
Price / SF$393.96
Days on Market102
Property Features for 1360 Horizon Ave Unit 111
General Information
Standard status
Active
Size
3,678 SF
Building Details
Year Built
2022
Listing Agency:
iGo Realty
Listed By:
Arlene Castro · License #40008610
(303) 506-6742
Source:
Thecerettogroup
Added: Jul 17
Changed: Oct 25
Last Checked: Oct 7 at 4:50PM
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 iGo Realty
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Investment Insights
Based on property information with market context.
This high-end office/warehouse flex unit is newly finished and configured for both client-facing and day-to-day operations. The office portion includes a welcoming reception area, five private offices with glass and solid doors, a dedicated conference room, a fully equipped break room with kitchen, four open workstations, and an interior private restroom. Additional convenience is provided by a janitorial room and access to two shared hallway restrooms.
The warehouse component offers a large open work/storage area with rear loading and a 14-foot overhead door, supporting a range of storage and light industrial needs. The property is located in Lafayette, with easy access to E-470, Boulder, Denver, and DIA, according to the provided remarks.
The warehouse component offers a large open work/storage area with rear loading and a 14-foot overhead door, supporting a range of storage and light industrial needs. The property is located in Lafayette, with easy access to E-470, Boulder, Denver, and DIA, according to the provided remarks.
Key Highlights
- Newly built 2022 office/warehouse flex unit with a rear‑loaded warehouse and large open warehouse area
- Warehouse includes a 14‑foot overhead door for storage, light industrial, and service‑based operations
- Client‑facing layout with reception area plus five private offices featuring glass and solid doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,135
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,082,700
$1.1M
Cap Rate 7%
$773,357
$773.4K
Cap Rate 9%
$601,500
$601.5K
Market Conditions
NOI Build-Up for 3,678 SF
Gross rent
$66.2K $18.00/SF
− Vacancy
−$2.5K −$0.68/SF
EGI
$63.7K $17.32/SF
− OpEx
−$9.6K −$2.60/SF
NOI
$54.1K $14.72/SF
Area
Boulder County, CO
Vacancy
3.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,082,700
Cap Rate 7%
$773,357
Cap Rate 9%
$601,500
Alternative Uses
Best Use
Warehouse
$773.4K
$676.7K – $902.3K
NOI $54,135 @ 7.0% cap · market cap 3.74%
Second Best
Office B
$698.4K
$611.1K – $814.8K
NOI $48,885 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$1.11M
$971.0K – $1.29M
NOI $77,679 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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 Office in West region
Similar Off Market Nearby
- Tamales Monica Lafayette — 11990 E South Boulder Rd LOT 98, Lafayette, CO 80026
Frequently Asked Questions
What type of property is this?
Flex space - Turnkey flex unit with reception, five private offices, conference room, and a rear-loaded warehouse with a 14-foot overhead door.
Where is this flex space located?
The property is located at 1360 Horizon Ave Unit 111 Lafayette, CO.
What is the asking price?
The asking price for this property is $1,449,000.
What are key features of this property?
This property features: Newly built 2022 office/warehouse flex unit with a rear‑loaded warehouse and large open warehouse area; Warehouse includes a 14‑foot overhead door for storage, light industrial, and service‑based operations; Client‑facing layout with reception area plus five private offices featuring glass and solid doors
