Flex Creative Office
For Sale
Contact for pricing
1800 38th St, Boulder, CO 80301
Core-and-shell flexible space with an open layout, adaptable for flex, creative office, or light lab uses.
Property Size17,510 SF
Price / SF$250
Days on Market240
Property Features for 1800 38th St
General Information
Standard status
Active
Size
17,510 SF
Property subtype
FLEX_R_AND_D
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
monument signage opportunities
Flatiron views
Listing Agency:
The Colorado Group, Inc.
(208) 720-6215
Listed By:
Scott Crabtree
(208) 720-6215
Source:
Moodyscre
Added: Dec 4, 2025
Changed: Jul 26
Last Checked: Aug 1 at 4:51AM
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.
The property is offered in core and shell condition and presents a highly adaptable interior configured with an open layout, providing a clean slate for custom tenant improvements. The space is positioned for a range of uses, including flex, creative offices, or light lab applications.
The location provides excellent visibility along Foothills Highway with monument signage opportunities and ample on-site parking. Multi-modal access is also highlighted, with the Boulder Junction Depot Square RTD station about 1 mile away and a BCycle Bikeshare station within walking distance.
The setting includes Flatiron views, supporting a work environment designed for modern operations. Positioned within an active life science and technology community, the property is well-suited for an owner-user or for a tenant seeking a build-to-suit arrangement in Boulder’s innovation corridor.
The location provides excellent visibility along Foothills Highway with monument signage opportunities and ample on-site parking. Multi-modal access is also highlighted, with the Boulder Junction Depot Square RTD station about 1 mile away and a BCycle Bikeshare station within walking distance.
The setting includes Flatiron views, supporting a work environment designed for modern operations. Positioned within an active life science and technology community, the property is well-suited for an owner-user or for a tenant seeking a build-to-suit arrangement in Boulder’s innovation corridor.
Key Highlights
- Core‑and‑shell property with 17,510 SF of highly adaptable space.
- Open layout offers a clean slate for customized tenant improvements and build‑out.
- Designed for flexible uses including flex, creative offices, or light lab use.
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 | $462.3k | $26.40 |
| − Vacancy | −$134.1k | −$7.66 |
| EGI | $328.2k | $18.74 |
| − OpEx | −$82.1k | −$4.69 |
| NOI | $246.2k | $14.06 |
17,510 SF · lease $26.40/SF/yr · vacancy 29.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.52M
$3.08M – $4.10M
NOI $246,156 @ 7.0% cap · market cap 5.62%
Second Best
Flex RnD
$2.36M
$2.06M – $2.75M
NOI $165,123 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$5.92M
$5.18M – $6.90M
NOI $414,189 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,700
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
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 - Core-and-shell flexible space with an open layout, adaptable for flex, creative office, or light lab uses.
Where is this flex space located?
The property is located at 1800 38th St Boulder, CO.
What is the asking price?
The asking price for this property is $4,377,500.
What are key features of this property?
This property features: Core‑and‑shell property with 17,510 SF of highly adaptable space.; Open layout offers a clean slate for customized tenant improvements and build‑out.; Designed for flexible uses including flex, creative offices, or light lab use.
