1835 Range St, Boulder, CO 80301
Leased single-story building in Boulder's aerospace sector.
- Added:
- Mar 2, 2024
- Days on Market:
- 830
- Last Refresh:
- May 12 at 8:26 pm
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 agent Jay Cahan License #CA 01907186
Listing office HC&M Commercial Properties Inc
Listing date Mar 2, 2024
Source Crexi
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
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.
- Recent upgrades: Reduces potential maintenance costs and enhances tenant appeal.
- Single‑story concrete block building: Durable construction and potentially lower operating costs.
- Year built 1960: Indicates a well‑established property.
Overview
Local 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 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
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- La Rue Bayou — 4920 Pearl St, Boulder, CO 80301
Location Insight
- Map
- Local Demand
- City
- Boulder
- County
- Boulder
- State
- Colorado
- Longitude
- -105.2307269
- Latitude
- 40.0180531