Boulder Leased Single-Story
1835 Range St Boulder, CO 80301
For Sale
Contact for pricing
Leased single-story building in Boulder's aerospace sector.
Property Size14,350 SF
Price / SF$226.48
Days on Market877
Property Features for 1835 Range St
General Information
- Standard status
- Active
- Size
- 14,350 SF
- Property subtype
- Industrial, Office
Building Details
- Year Built
- 1960
Listing Agency:
HC&M Commercial Properties Inc
Listed By:
Jay Cahan · License #CA 01907186
Source:
Crexi
Added: Mar 2, 2024
Changed: Jul 6
Last Checked: Jul 27 at 4:59AM
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 HC&M Commercial Properties Inc
Investment Insights
Based on property information with market context.
This 100% leased single-story concrete block building is located in Boulder’s thriving aerospace sector. The property, with a size of 14350 square feet, has undergone many recent upgrades and is situated in an extremely limited supply submarket. The property can be classified as flex space, an industrial property, an office building, an office property and space, a warehouse, and commercial real estate.
Key Highlights
- 100% leased: Provides immediate income stream for the buyer.
- Boulder aerospace sector location: Situated in a high‑demand, economically strong area.
- Limited supply submarket: Offers potential for increased property value due to scarcity.
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 | $378.8k | $26.40 |
| − Vacancy | −$109.9k | −$7.66 |
| EGI | $269.0k | $18.74 |
| − OpEx | −$67.2k | −$4.69 |
| NOI | $201.7k | $14.06 |
14,350 SF · lease $26.40/SF/yr · vacancy 29.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.88M
$2.52M – $3.36M
NOI $201,732 @ 7.0% cap · market cap 6.21%
Second Best
Warehouse
$2.22M
$1.94M – $2.59M
NOI $155,364 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$4.85M
$4.24M – $5.66M
NOI $339,441 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
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FAQs
What type of property is this?
Flex space - Leased single-story building in Boulder's aerospace sector.
Where is this flex space located?
The property is located at 1835 Range St Boulder, CO.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: 100% leased: Provides immediate income stream for the buyer.; Boulder aerospace sector location: Situated in a high‑demand, economically strong area.; Limited supply submarket: Offers potential for increased property value due to scarcity.
