Central Boulder Office
For Sale
Contact for pricing
3004 Arapahoe Ave, Boulder, CO 80303
Stand-alone office building in central Boulder, Colorado, available for sale.
Property Size11,400 SF
Price / SF$324.56
Days on Market1101
Property Features for 3004 Arapahoe Ave
General Information
Standard status
Active
Size
11,400 SF
Class
B
Total Parking Spaces
38
Property subtype
Office
Lease Type
NNN
Investment Type
Value Add
Listing Agency:
Dean Callan & Company Inc
Listed By:
Craig David · License #FA 100101411
(720) 614-5954
Source:
Crexi
Added: Oct 3, 2023
Changed: Sep 26
Last Checked: Oct 5 at 4:25PM
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 Dean Callan & Company Inc
Investment Insights
Based on property information with market context.
This stand-alone office building is located in central Boulder, Colorado. The building features over 11,000 finished square feet. It offers abundant parking and high-exposure signage opportunities. The property benefits from ample natural light and outdoor space suitable for customers, clients, or employees.
Key Highlights
- Stand‑alone office building in Central Boulder, CO
- Boasting over 11,000 finished square feet
- Abundant parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$160,261
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,205,220
$3.2M
Cap Rate 7%
$2,289,443
$2.3M
Cap Rate 9%
$1,780,678
$1.8M
Market Conditions
NOI Build-Up for 11,400 SF
Gross rent
$301.0K $26.40/SF
− Vacancy
−$87.3K −$7.66/SF
EGI
$213.7K $18.74/SF
− OpEx
−$53.4K −$4.69/SF
NOI
$160.3K $14.06/SF
Area
Boulder, CO
Vacancy
29.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,205,220
Cap Rate 7%
$2,289,443
Cap Rate 9%
$1,780,678
Alternative Uses
Best Use
Office B
$2.29M
$2.00M – $2.67M
NOI $160,261 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.85M
$3.37M – $4.49M
NOI $269,660 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,543
Businesses Nearby
Explore this area
Business Placement
Demographics for 80303, CO
25,328
Population
12,583
Households
2
Avg Household Size
32
Median Age
79%
College-Educated
99%
High-School Grad
21.9 sq mi
ZIP Area
1,157
Density / Sq Mi
$77,344
Median Household Income
$31,661
Median Earnings
$1,833
Median Rent
$941,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Stand-alone office building in central Boulder, Colorado, available for sale.
Where is this office building located?
The property is located at 3004 Arapahoe Ave Boulder, CO.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Stand‑alone office building in Central Boulder, CO; Boasting over 11,000 finished square feet; Abundant parking
