Turn-Key Food Production
1501 Lee Hill Drive Boulder, CO 80304
For Sale
Contact for pricing
Fully equipped food production space with commercial refrigeration, prep sinks, and ovens for immediate culinary operations.
Property Size4,600 SF
Price / SF$477.17
Days on Market55
Property Features for 1501 Lee Hill Drive
General Information
- Standard status
- Active
- Size
- 4,600 SF
- Property subtype
- SPECIALTY
Listing Agency:
The W.W. Reynolds Companies
(303) 442-8687
Listed By:
Drew Weiman · License #IA.040046310
(303) 442-8687
Source:
Moodyscre
Added: Jun 1
Changed: Jul 25
Last Checked: Jul 25 at 2:44AM
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 W.W. Reynolds Companies
Investment Insights
Based on property information with market context.
This turn-key food production facility is built for immediate use, reducing the time and cost of a traditional build-out. The interior is fully equipped with commercial-grade infrastructure designed to support food preparation and production, including walk-in freezers, refrigeration units, prep sinks, and ovens. The setup is intended to provide a streamlined workflow for day-one operations.
Located in Boulder, CO at 1501 Lee Hill Drive, the property is offered for sale as an all-in option for operators seeking an already-improved food production environment.
The space is configured around core kitchen functions and supporting equipment, offering a practical foundation for a range of culinary operations without requiring the same level of upfront installation.
Located in Boulder, CO at 1501 Lee Hill Drive, the property is offered for sale as an all-in option for operators seeking an already-improved food production environment.
The space is configured around core kitchen functions and supporting equipment, offering a practical foundation for a range of culinary operations without requiring the same level of upfront installation.
Key Highlights
- Fully equipped food production facility built for immediate use
- Includes walk‑in freezers and commercial refrigeration units
- Commercial kitchen setup includes prep sinks and ovens
Financial Insights For Specialty Retail
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 | $121.4k | $26.40 |
| − Vacancy | −$6.7k | −$1.45 |
| EGI | $114.8k | $24.95 |
| − OpEx | −$28.7k | −$6.24 |
| NOI | $86.1k | $18.71 |
4,600 SF · lease $26.40/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.23M
$1.08M – $1.43M
NOI $86,071 @ 7.0% cap · market cap 3.92%
Second Best
Industrial
$585.9K
$512.7K – $683.6K
NOI $41,014 @ 7.0% cap · market cap 1.87%
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,810 @ 7.0% cap · market cap 4.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Womens-Wilderness
(Bike/Boat/Book/etc) Store
Settembre Cellars
Brewery & Distillery
BOCO Cider Boulder ...
Production Facility
Floor Crafters
Construction Company
Independent Power
HVAC Service
FAQs
What type of property is this?
Commercial kitchen - Fully equipped food production space with commercial refrigeration, prep sinks, and ovens for immediate culinary operations.
Where is this commercial kitchen located?
The property is located at 1501 Lee Hill Drive Boulder, CO.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: Fully equipped food production facility built for immediate use; Includes walk‑in freezers and commercial refrigeration units; Commercial kitchen setup includes prep sinks and ovens
