1845 Range Street Boulder, CO 80301
Masonry-steel warehouse with seven roll-up doors, 14-foot clear height, and large three-phase power capacity.
Property Features for 1845 Range Street
General Information
- Standard status
- Active
- Size
- 15,320 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1974
Listing office Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. (303) 590-4537
Listing date May 20, 2026
Source Exitrealty
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 Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
Investment Insights
Based on property information with market context.
The property is located in Boulder, Colorado, just east of Foothills Parkway and Arapahoe Road. It is currently operating as a multi-tenant building: one tenant occupies 2,695 square feet and the remaining 12,625 square feet is vacant and available. The vacant area is divided into multiple rooms with temporary walls and can be repositioned to accommodate multiple tenants or a single tenant.
Leotele Botanicals, producing CBD oils and extracts, has occupied the space since 2017, with a lease expiration on October 31, 2026. The available space is listed for rent at $17 per square foot NNN, with CAM estimated at $7–9 per square foot.
Key Highlights
- 15,320 SF industrial warehouse built in 1974 in Boulder, CO, masonry‑steel hybrid with CMU block wall and steel frame
- Roof supports 10+ HVAC units and the building has 9,000 amps of three‑phase electrical power
- Seven roll‑up doors total: four loading docks and three drive‑ins, with 14‑foot clear heights
Local Financial Insights For Warehouse
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 | $211.4k | $13.80 |
| − Vacancy | −$16.3k | −$1.06 |
| EGI | $195.1k | $12.74 |
| − OpEx | −$29.3k | −$1.91 |
| NOI | $165.9k | $10.83 |
Alternative Uses
Property Analytics
Current Use by Public Records
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