Flex Space Campus with Fourteen-Foot Clear
For Sale
Contact for pricing
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 Market420
Property Features for 5661-5665 Airport Blvd
General Information
Standard status
Active
Size
17,091 SF
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
East Boulder
Highway Access
Yes
Additional Details
Clear Height
14 ft
Listing Agency:
Gibbons-White, Inc.
(303) 442-1040
Listed By:
Chris Boston · License #IR.040026406
(303) 586-5930
Source:
Moodyscre
Added: Sep 9, 2025
Changed: Oct 25
Last Checked: Nov 1 at 7:47AM
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.
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$240,265
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,805,300
$4.8M
Cap Rate 7%
$3,432,357
$3.4M
Cap Rate 9%
$2,669,611
$2.7M
Market Conditions
NOI Build-Up for 17,091 SF
Gross rent
$451.2K $26.40/SF
− Vacancy
−$130.8K −$7.66/SF
EGI
$320.4K $18.74/SF
− OpEx
−$80.1K −$4.69/SF
NOI
$240.3K $14.06/SF
Area
Boulder, CO
Vacancy
29.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,805,300
Cap Rate 7%
$3,432,357
Cap Rate 9%
$2,669,611
Alternative Uses
Best Use
Office B
$3.43M
$3.00M – $4.00M
NOI $240,265 @ 7.0% cap · market cap 4.93%
Second Best
Warehouse
$2.64M
$2.31M – $3.08M
NOI $185,041 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$5.78M
$5.05M – $6.74M
NOI $404,277 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
14 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in West region
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 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
