Flex Space with Lab and Clean
For Sale
Contact for pricing
5475 Airport Blvd, Boulder, CO 80301
A 55,000-square-foot facility combines office, laboratory, clean-room, and storage areas with ample power.
Property Size55,000 SF
Price / SF$190.91
Days on Market626
Property Features for 5475 Airport Blvd
General Information
Standard status
Active
Size
55,000 SF
Property subtype
FLEX_R_AND_D
Additional Details
Highway Access
Yes
Listing Agency:
CBRE | Denver
(303) 628-1700
Listed By:
Erik Abrahamson
(303) 264-1900
Source:
Moodyscre
Added: Jan 22, 2025
Changed: Oct 10
Last Checked: Oct 10 at 2:42AM
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 CBRE | Denver
Investment Insights
Based on property information with market context.
This 55,000-square-foot flex property includes office, laboratory, clean-room, and storage space, supported by ample power. The site also offers the ability to add 45,000 SF or provide additional parking.
At 5475 Airport Blvd in Boulder, the property has access to central Boulder, Longmont, and Denver via the Diagonal Highway, Foothills Parkway, and Highway 36.
At 5475 Airport Blvd in Boulder, the property has access to central Boulder, Longmont, and Denver via the Diagonal Highway, Foothills Parkway, and Highway 36.
Key Highlights
- 55,000 square feet of flex space
- Office, laboratory, clean‑room, and storage areas
- Ample power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$518,661
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,373,220
$10.4M
Cap Rate 7%
$7,409,443
$7.4M
Cap Rate 9%
$5,762,900
$5.8M
Market Conditions
NOI Build-Up for 55,000 SF
Gross rent
$858.0K $15.60/SF
− Vacancy
−$60.1K −$1.09/SF
EGI
$797.9K $14.51/SF
− OpEx
−$279.3K −$5.08/SF
NOI
$518.7K $9.43/SF
Area
Boulder, CO
Vacancy
7.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,373,220
Cap Rate 7%
$7,409,443
Cap Rate 9%
$5,762,900
Alternative Uses
Best Use
Flex RnD
$7.41M
$6.48M – $8.64M
NOI $518,661 @ 7.0% cap · market cap 4.94%
Second Best
Industrial
$7.01M
$6.13M – $8.17M
NOI $490,390 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$18.59M
$16.26M – $21.68M
NOI $1,300,992 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
251
Businesses Nearby
Balanced
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Flex space - A 55,000-square-foot facility combines office, laboratory, clean-room, and storage areas with ample power.
Where is this flex space located?
The property is located at 5475 Airport Blvd Boulder, CO.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: 55,000 square feet of flex space; Office, laboratory, clean‑room, and storage areas; Ample power
