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Flex Space Campus with Fourteen-Foot Clear Height
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5661-5665 Airport Blvd, Boulder, CO 80301

Two-building flex campus with lab, warehouse, and private office space, plus abundant on-site parking.

Property Size17,091 SF
Price / SF$284.95
Days on Market327

Property Features for 5661-5665 Airport Blvd

General Information

Standard status Active
Size 17,091 SF
Property subtype INDUSTRIAL

Additional Details

Highway 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 30 Last Checked: Jul 31 at 9:58AM

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 space campus at 5661-5665 Airport Blvd in Boulder, CO offers a mix of private office, open work areas, lab space, and warehouse space. Buildings can be leased or sold separately or together for a combined total of 36,612 SF. The campus includes grade level loading access and full HVAC throughout both buildings, along with 14’ clear height.

An additional exterior storage building of 1,200 SF supports on-site storage needs. Abundant on-site parking is available, and the campus is described as having easy access to Foothills Parkway.

The layout and improvements provide flexible options for tenants seeking a combination of office and lab/warehouse functionality, with practical loading access and clear height designed for warehouse operations.

Key Highlights

  • Two‑building flex campus at 5661‑5665 Airport Blvd with multiple space types
  • Buildings can be leased or sold separately or together for a combined total of 36,612 SF
  • Full HVAC throughout both buildings plus 14’ clear height

Financial Insights For Office B

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 $451.2k $26.40
− Vacancy −$130.8k −$7.66
EGI $320.4k $18.74
− OpEx −$80.1k −$4.69
NOI $240.3k $14.06
17,091 SF · lease $26.40/SF/yr · vacancy 29.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$3.43M
$3.00M – $4.00M (±1% cap)
NOI $240,265 @ 7.0% cap · market cap 4.93%
Second Best
Warehouse
$2.64M
$2.31M – $3.08M (±1% cap)
NOI $185,041 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$5.78M
$5.05M – $6.74M (±1% cap)
NOI $404,277 @ 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
Highway 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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - Two-building flex campus with lab, warehouse, and private office space, plus abundant on-site parking.
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 $4,870,000.
What are key features of this property?
This property features: Two‑building flex campus at 5661‑5665 Airport Blvd with multiple space types; Buildings can be leased or sold separately or together for a combined total of 36,612 SF; Full HVAC throughout both buildings plus 14’ clear height
(303) 586-5930 Call to check price and availability
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