325 W South Boulder Rd, Louisville, CO
Office building with good tenant mix and recent upgrades.
- Added:
- Aug 7, 2024
- Days on Market:
- 676
- Last Refresh:
- May 19 at 10:38 pm
Property Features for 325 W South Boulder Rd
General Information
- Standard status
- Active
- Size
- 12,917 SF
- Lot size
- 0.56 Acres
- Property subtype
- OFFICE
Properties For Sale
at 325 W South Boulder Rd Contact usListing agent Steve Sims License #EA.001312310
Listing office Gibbons-White, Inc. (303) 442-1040
Listing date Aug 7, 2024
Source Moodyscre
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 Gibbons-White, Inc.
HighLights
- Priced at a compelling 6.9% Cap Rate on Pro Forma NOI
- Suites Available for Potential Owner User (1,632 sq. ft. & 1,765 sq. ft.)
- New HVAC and Roof Replaced in 2017
- Good Mix of Tenants with Staggered Expiration Dates
- Great Visibility on South Boulder Road with Monument Signage Available
- Close Proximity to Restaurants, Shops, and Retailers
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 | $322.4k | $24.96 |
| − Vacancy | −$93.5k | −$7.24 |
| EGI | $228.9k | $17.72 |
| − OpEx | −$57.2k | −$4.43 |
| NOI | $171.7k | $13.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Boulder
- State
- Colorado
- Longitude
- -105.132
- Latitude
- 39.9778