Retail Condo with Monument
5420 Arapahoe Ave, Boulder, CO 80303
For Sale
Contact for pricing
Unit D features a dispensary buildout with a waiting/reception area, retail space, office, and restroom.
Property Size1,082 SF
Price / SF$475.97
Days on Market428
Property Features for 5420 Arapahoe Ave
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Site & Location
Neighborhood
Additional Details
Cap Rate
Amenities
monument signage
Listing Agency:
Gibbons-White, Inc.
(303) 442-1040
Listed By:
Michael-Ryan McCarty · License CO FA.040029628
(303) 818-7688
Source:
Moodyscre
Added: Sep 9, 2025
Changed: Oct 26
Last Checked: Nov 8 at 8:35AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit D is a retail condo currently operating as a dispensary. The interior includes a waiting/reception area, retail area, office, and restroom.
The property is offered for sale with BC-1 zoning, supporting a wide range of office, retail, personal service, wellness, and fitness uses. The center is located close to 55th St and Arapahoe Ave, and monument signage is available.
Leasing is in place through December 31, 2026, with the unit described as leased at a cap rate of 6.1%.
The property is offered for sale with BC-1 zoning, supporting a wide range of office, retail, personal service, wellness, and fitness uses. The center is located close to 55th St and Arapahoe Ave, and monument signage is available.
Leasing is in place through December 31, 2026, with the unit described as leased at a cap rate of 6.1%.
Key Highlights
- Unit D retail condo currently operating as a dispensary with waiting/reception area, retail area, office, and restroom
- Leased through December 31, 2026 for a 6.1% cap rate
- BC‑1 zoning supports a wide range of office, retail, personal service, wellness & fitness uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,846
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,920
$356.9K
Cap Rate 7%
$254,943
$254.9K
Cap Rate 9%
$198,289
$198.3K
Market Conditions
NOI Build-Up for 1,082 SF
Gross rent
$27.3K $25.20/SF
− Vacancy
−$1.8K −$1.64/SF
EGI
$25.5K $23.56/SF
− OpEx
−$7.6K −$7.07/SF
NOI
$17.8K $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%
$356,920
Cap Rate 7%
$254,943
Cap Rate 9%
$198,289
Alternative Uses
Best Use
Retail
$254.9K
$223.1K – $297.4K
NOI $17,846 @ 7.0% cap · market cap 3.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$365.6K
$319.9K – $426.6K
NOI $25,594 @ 7.0% cap · market cap 4.97%
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
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,977
Businesses Nearby
27k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 41%
Wendy's
Dining
11,218 visits/mo
0.1 miles
Shell
Shops & Services
8,352 visits/mo
0.2 miles
Conoco
Shops & Services
6,039 visits/mo
0.2 miles
Enterprise Rent-A-Car
Shops & Services
1,594 visits/mo
0.2 miles
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
Properties on Market for Retail space in Boulder
Vacancy Rate% for Retail in Boulder, CO
Frequently Asked Questions
What type of property is this?
Retail space - Unit D features a dispensary buildout with a waiting/reception area, retail space, office, and restroom.
Where is this retail space located?
The property is located at 5420 Arapahoe Ave Boulder, CO.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Unit D retail condo currently operating as a dispensary with waiting/reception area, retail area, office, and restroom; Leased through December 31, 2026 for a 6.1% cap rate; BC‑1 zoning supports a wide range of office, retail, personal service, wellness & fitness uses
