Four-Unit Leased Retail Strip
3000-3012 Folsom St, Boulder, CO 80304
For Sale
New
Contact for pricing
Service-oriented businesses occupy the suites, with separate metering for each unit.
Property Size3,962 SF
Price / SF$479.56
Days on Market5
Property Features for 3000-3012 Folsom St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Site & Location
Neighborhood
Additional Details
Cap Rate
Tenant in Place
Amenities
separately metered
front and rear entrances
Building Details
Tenancy
Parking Ratio
Listing Agency:
Market Real Estate
(303) 444-5040
Listed By:
Annie Larner · License #100096639
(303) 444-1344
Source:
Moodyscre
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 3:53PM
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 Market Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Boulder retail property contains four separately metered units totaling 3,962 square feet. All four are leased, and the reported tenant mix includes a barber shop, personal fitness business, and cannabis dispensary. Each unit is approximately 1,000 square feet, with entrances at both the front and rear of the building.
The property is at 3000-3012 Folsom St in Boulder. On-site parking includes 18 spaces, equivalent to 4.54 spaces per 1,000 square feet. The reported cap rate is 6.2%.
The property is at 3000-3012 Folsom St in Boulder. On-site parking includes 18 spaces, equivalent to 4.54 spaces per 1,000 square feet. The reported cap rate is 6.2%.
Key Highlights
- Four retail units totaling 3,962 square feet; all are leased
- Reported 6.2% cap rate
- Units are approximately 1,000 SF each and separately metered
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,347
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,306,940
$1.3M
Cap Rate 7%
$933,529
$933.5K
Cap Rate 9%
$726,078
$726.1K
Market Conditions
NOI Build-Up for 3,962 SF
Gross rent
$99.8K $25.20/SF
− Vacancy
−$6.5K −$1.64/SF
EGI
$93.4K $23.56/SF
− OpEx
−$28.0K −$7.07/SF
NOI
$65.3K $16.49/SF
Area
Boulder, CO
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,306,940
Cap Rate 7%
$933,529
Cap Rate 9%
$726,078
Alternative Uses
Best Use
Retail
$933.5K
$816.8K – $1.09M
NOI $65,347 @ 7.0% cap · market cap 3.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,719 @ 7.0% cap · market cap 4.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,092
Businesses Nearby
123k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Groceries 34%
Dining 25%
Beauty & Spa 1%
Safeway
Groceries
41,495 visits/mo
0.4 miles
Dunkin' Donuts
Dining
14,566 visits/mo
0.4 miles
7-Eleven
Shops & Services
10,459 visits/mo
0.1 miles
Circle K
Shops & Services
9,793 visits/mo
0.3 miles
Taco Bell
Dining
9,441 visits/mo
0.4 miles
Demographics for 80304, CO
27,532
Population
11,717
Households
2.3
Avg Household Size
41
Median Age
78%
College-Educated
95%
High-School Grad
9.0 sq mi
ZIP Area
3,059
Density / Sq Mi
$121,534
Median Household Income
$60,155
Median Earnings
$1,956
Median Rent
$1,166,100
Median Home Value
Market
Vacancy Rate% for Retail in Boulder, CO
Frequently Asked Questions
What type of property is this?
Strip mall - Service-oriented businesses occupy the suites, with separate metering for each unit.
Where is this strip mall located?
The property is located at 3000-3012 Folsom St Boulder, CO.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Four retail units totaling 3,962 square feet; all are leased; Reported 6.2% cap rate; Units are approximately 1,000 SF each and separately metered
