Office Building with Rooftop
5277 Manhattan Circle, Boulder, CO 80303
For Sale
New
Contact for pricing
The multi-suite property is 98% leased, with a mix of NNN and gross office leases.
Property Size14,868 SF
Price / SF$248.86
Days on Market4
Property Features for 5277 Manhattan Circle
General Information
Standard status
Size
Elevators
Property subtype
Occupancy
Site & Location
Neighborhood
Highway Access
Road Access
Additional Details
Tenant in Place
Property Use
Amenities
conference room access
shower & changing room
rooftop patio
outdoor patios
Building Details
Buildings
Tenancy
Listing Agency:
Gibbons-White, Inc.
(303) 442-1040
Listed By:
Jaime Pletcher · License #CO FA.100074492
(720) 833-8174
Source:
Moodyscre
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 6 at 10:47AM
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.
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Investment Insights
Based on property information with market context.
This 14,868-square-foot office building is 98% leased and includes office suites alongside individual offices. Lease structures include NNN and gross terms. The property has updated interiors, elevator access, covered parking and additional free parking. Outdoor features include several patios and a rooftop patio; tenants also have access to a conference room and a shower and changing room.
The building is at Foothills and Hwy 36 in Boulder, with views of the Flatirons. The property is well maintained.
The building is at Foothills and Hwy 36 in Boulder, with views of the Flatirons. The property is well maintained.
Key Highlights
- 14,868‑square‑foot office building with 98% occupancy
- Mix of NNN suite leases and gross leases for individual offices
- Elevator access, covered parking and additional free parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$209,014
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,180,280
$4.2M
Cap Rate 7%
$2,985,914
$3.0M
Cap Rate 9%
$2,322,378
$2.3M
Market Conditions
NOI Build-Up for 14,868 SF
Gross rent
$392.5K $26.40/SF
− Vacancy
−$113.8K −$7.66/SF
EGI
$278.7K $18.74/SF
− OpEx
−$69.7K −$4.69/SF
NOI
$209.0K $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%
$4,180,280
Cap Rate 7%
$2,985,914
Cap Rate 9%
$2,322,378
Alternative Uses
Best Use
Office B
$2.99M
$2.61M – $3.48M
NOI $209,014 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.02M
$4.40M – $5.86M
NOI $351,694 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
98%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
751
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
$941,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in Boulder, CO
Properties on Market for Office buildings in Boulder
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - The multi-suite property is 98% leased, with a mix of NNN and gross office leases.
Where is this office building located?
The property is located at 5277 Manhattan Circle 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: 14,868‑square‑foot office building with 98% occupancy; Mix of NNN suite leases and gross leases for individual offices; Elevator access, covered parking and additional free parking
