Grocery-Anchored Retail
For Sale
Contact for pricing
555 W South Boulder Rd, Lafayette, CO 80026
Grocery-anchored shopping center is 100% leased to Sprouts, Dollar Tree, and Goodwill.
Property Size57,560 SF
Price / SF$186.76
Days on Market193
Property Features for 555 W South Boulder Rd
General Information
Standard status
Active
Size
57,560 SF
Total Parking Spaces
285
Property subtype
Retail
Zoning
C-1, Lafayette
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$687,593
Site & Location
Traffic Count
60,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Building Details
Year Built
2002
Buildings
1
Tenancy
Multi
Listing Agency:
Blue West Capital
Listed By:
Bryce McNeely · License #FA100067750
(816) 896-4444
Source:
Crexi
Added: Apr 11
Changed: Oct 19
Last Checked: Oct 19 at 4:44AM
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 Blue West Capital
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Investment Insights
Based on property information with market context.
Waneka Marketplace is a grocery-anchored shopping center totaling 57,560 square feet and currently 100% leased to three national tenants: Sprouts Farmers Market, Dollar Tree, and Goodwill. The center is supported by a tenant mix that includes additional separately owned national tenants that sit in-line with the property and/or serve as outlots.
The property is positioned on a hard corner at the intersection of US Highway 287 and W South Boulder Road. It offers high-visibility access from both major thoroughfares, with stated traffic counts of 60,000 VPD at the intersection of US Highway 287 and W South Boulder Road.
The center’s reported activity includes over 880,000 visits per year, with visits returning to pre-pandemic levels earlier in 2022 and trending above pre-pandemic levels since then.
The property is positioned on a hard corner at the intersection of US Highway 287 and W South Boulder Road. It offers high-visibility access from both major thoroughfares, with stated traffic counts of 60,000 VPD at the intersection of US Highway 287 and W South Boulder Road.
The center’s reported activity includes over 880,000 visits per year, with visits returning to pre-pandemic levels earlier in 2022 and trending above pre-pandemic levels since then.
Key Highlights
- Waneka Marketplace is a 57,560 SF grocery‑anchored shopping center in Lafayette, CO.
- 100% leased to three national tenants: Sprouts Farmers Market, Dollar Tree, and Goodwill.
- Hard corner location at US Highway 287 and W South Boulder Road (60,000 VPD) for strong access.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$731,991
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,639,820
$14.6M
Cap Rate 7%
$10,457,014
$10.5M
Cap Rate 9%
$8,133,233
$8.1M
Market Conditions
NOI Build-Up for 57,560 SF
Gross rent
$1.04M $18.00/SF
− Vacancy
−$60.1K −$1.04/SF
EGI
$976.0K $16.96/SF
− OpEx
−$244.0K −$4.24/SF
NOI
$732.0K $12.72/SF
Area
Boulder County, CO
Vacancy
5.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,639,820
Cap Rate 7%
$10,457,014
Cap Rate 9%
$8,133,233
Alternative Uses
Best Use
Retail
$16.27M
$14.23M – $18.98M
NOI $1,138,652 @ 7.0% cap · market cap 10.59%
Second Best
Specialty Retail
$10.46M
$9.15M – $12.20M
NOI $731,991 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$17.37M
$15.20M – $20.26M
NOI $1,215,667 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
60,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,385
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80026, CO
32,318
Population
14,209
Households
2.3
Avg Household Size
39
Median Age
66%
College-Educated
96%
High-School Grad
22.5 sq mi
ZIP Area
1,436
Density / Sq Mi
$115,031
Median Household Income
$59,937
Median Earnings
$2,054
Median Rent
$664,000
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Lafayette Crossings — Lafayette, CO 80026
- Lafayette Marketplace — 400-498 East Simpson Street, Lafayette, CO 80026
- Waneka Marketplace — 555 W South Boulder Rd, Lafayette, CO 80026
- CoinMover Bitcoin ATM — 500 S Public Rd, Lafayette, CO 80026
- The Village at Lafayette — 297 US-287, Lafayette, CO 80026
Frequently Asked Questions
What type of property is this?
Shopping center - Grocery-anchored shopping center is 100% leased to Sprouts, Dollar Tree, and Goodwill.
Where is this shopping center located?
The property is located at 555 W South Boulder Rd Lafayette, CO.
What is the asking price?
The asking price for this property is $10,750,000.
What are key features of this property?
This property features: Waneka Marketplace is a 57,560 SF grocery‑anchored shopping center in Lafayette, CO.; 100% leased to three national tenants: Sprouts Farmers Market, Dollar Tree, and Goodwill.; Hard corner location at US Highway 287 and W South Boulder Road (60,000 VPD) for strong access.
