Renovated Medical Office
For Sale
Contact for pricing
5330 Manhattan Cir, Boulder, CO 80303
Two connected suites offer bright interiors, a reception area, private restrooms, and BT-1 zoning for medical or professional office use.
Property Size1,713 SF
Price / SF$408.64
Days on Market52
Property Features for 5330 Manhattan Cir
General Information
Standard status
Active
Size
1,713 SF
Property subtype
OFFICE
Zoning
BT-1
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Office Units
2
Building Details
Year Built
1980
Listing Agency:
Dean Callan & Company
(303) 449-1420
Listed By:
Brit Banks · License #3697
Source:
Moodyscre
Added: Aug 17
Changed: Sep 16
Last Checked: Oct 5 at 6:23PM
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
Investment Insights
Based on property information with market context.
This 1,713-square-foot medical office condominium includes Suites A and B, measuring 786 square feet and 927 square feet, respectively. The recently renovated interiors feature abundant natural light, a professional reception area, an efficient office layout, and private restrooms. BT-1 zoning supports medical and professional office uses, while the two-suite configuration provides flexible occupancy options for an owner-user.
The property is located in South Boulder near Table Mesa Drive and Foothills Parkway, with access to US Highway 36 and the Table Mesa Park-n-Ride. Regional transit access supports commutes throughout Boulder County and the Denver Metro Area. The office condominium community occupies a building constructed in 1980.
The property is located in South Boulder near Table Mesa Drive and Foothills Parkway, with access to US Highway 36 and the Table Mesa Park-n-Ride. Regional transit access supports commutes throughout Boulder County and the Denver Metro Area. The office condominium community occupies a building constructed in 1980.
Key Highlights
- 1,713 SF medical office condominium comprising Suites A and B
- Suite A measures 786 SF; Suite B measures 927 SF
- BT‑1 zoning allows a variety of professional and medical office uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,464
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,280
$609.3K
Cap Rate 7%
$435,200
$435.2K
Cap Rate 9%
$338,489
$338.5K
Market Conditions
NOI Build-Up for 1,713 SF
Gross rent
$53.4K $31.20/SF
− Vacancy
−$2.7K −$1.56/SF
EGI
$50.8K $29.64/SF
− OpEx
−$20.3K −$11.86/SF
NOI
$30.5K $17.78/SF
Area
Boulder, CO
Vacancy
5.00%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,280
Cap Rate 7%
$435,200
Cap Rate 9%
$338,489
Alternative Uses
Best Use
Healthcare Medical
$435.2K
$380.8K – $507.7K
NOI $30,464 @ 7.0% cap · market cap 4.35%
Second Best
Office B
$344.0K
$301.0K – $401.4K
NOI $24,081 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$578.9K
$506.5K – $675.3K
NOI $40,520 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
751
Businesses Nearby
Balanced
Demand for This Use
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
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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?
Medical Office Space - Two connected suites offer bright interiors, a reception area, private restrooms, and BT-1 zoning for medical or professional office use.
Where is this medical office space located?
The property is located at 5330 Manhattan Cir Boulder, CO.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 1,713 SF medical office condominium comprising Suites A and B; Suite A measures 786 SF; Suite B measures 927 SF; BT‑1 zoning allows a variety of professional and medical office uses
