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Flex Office and Warehouse Campus
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5661-5665 Airport Blvd, Boulder, CO 80301

Two-building flex campus with full HVAC, grade-level loading, and 14’ clear height.

Property Size19,521 SF
Price / SF$285.08
Days on Market327

Property Features for 5661-5665 Airport Blvd

General Information

Standard status Active
Size 19,521 SF
Property subtype INDUSTRIAL

Additional Details

Road Access Yes
Clear Height 14 ft
Listing Agency: Gibbons-White, Inc.
Listed By: Chris Boston · License #IR.040026406
Source: Moodyscre
Added: Sep 9, 2025 Changed: Jul 25 Last Checked: Jul 31 at 12:05PM

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.

Investment Insights

Based on property information with market context.

Two-building flex office and light assembly/warehouse campus available for sale or lease, with 5661–5665 Airport Blvd located in Boulder, Colorado. The buildings can be leased or sold separately or together, totaling 36,612 SF. At 5665 Airport Blvd, the space offers a mix of office and light assembly/warehouse accommodations. Both buildings feature grade-level loading access, full HVAC, and 14’ clear height.

An additional 1,200 SF exterior storage building supports the campus. The property includes abundant on-site parking and offers easy access to Foothills Parkway.

This setup provides a practical combination of office-oriented space and functional warehouse operations within a two-building campus configuration.

Key Highlights

  • Two‑building flex campus at 5665 Airport Blvd, total 36,612 SF (buildings can be leased or sold separately or together)
  • Mix of office and light assembly/warehouse space
  • Grade‑level loading access and 14' clear height

Financial Insights For Warehouse

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 $269.4k $13.80
− Vacancy −$20.7k −$1.06
EGI $248.6k $12.74
− OpEx −$37.3k −$1.91
NOI $211.3k $10.83
19,521 SF · lease $13.80/SF/yr · vacancy 7.70% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$3.02M
$2.64M – $3.52M (±1% cap)
NOI $211,350 @ 7.0% cap · market cap 3.80%
Second Best
Flex RnD
$2.63M
$2.30M – $3.07M (±1% cap)
NOI $184,087 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$6.60M
$5.77M – $7.70M (±1% cap)
NOI $461,758 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Auto Parts Store HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14 ft
Clear height
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

404
Businesses Nearby
Balanced
Demand for This Use

Demographics for 80301, CO

25,944
Population
12,644
Households
2.1
Avg Household Size
38
Median Age
69%
College-Educated
97%
High-School Grad
28.6 sq mi
ZIP Area
907
Density / Sq Mi
$92,974
Median Household Income
$52,325
Median Earnings
$1,999
Median Rent
$761,500
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Fig and Floret — 2995 55th St #17122, Boulder, CO 80308

Frequently Asked Questions

What type of property is this?
Flex space - Two-building flex campus with full HVAC, grade-level loading, and 14’ clear height.
Where is this flex space located?
The property is located at 5661-5665 Airport Blvd Boulder, CO.
What is the asking price?
The asking price for this property is $5,565,000.
What are key features of this property?
This property features: Two‑building flex campus at 5665 Airport Blvd, total 36,612 SF (buildings can be leased or sold separately or together); Mix of office and light assembly/warehouse space; Grade‑level loading access and 14' clear height
(303) 586-5930 Call to check price and availability
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