Flex Space with
For Sale
Contact for pricing
5665 Flatiron Parkway, Boulder, CO 80301
Adaptable commercial premises with upgraded offices, outdoor decks, and an overhead door for flexible operations.
Property Size41,411 SF
Price / SF$288.57
Days on Market59
Property Features for 5665 Flatiron Parkway
General Information
Standard status
Active
Size
41,411 SF
Property subtype
Office, Industrial
Amenities
Outdoor Gathering Space with Grill
Grand Entryway with Skylight
Skylights
Internal Stairway
Showers
Outdoor Decks
Building Details
Buildings
1
Listing Agency:
Gibbons-White Inc
Listed By:
Steve Sims · License #CO EA.001312310
(303) 442-1040
Source:
Crexi
Added: Aug 13
Changed: Oct 9
Last Checked: Oct 9 at 8:00PM
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.
This flex property at 5665 Flatiron Parkway offers up to 10,500 square feet for an owner-user, with an additional 21,367 square feet scheduled to become available in May 2027. The second-floor office area includes upgraded finishes, showers, outdoor decks, and views. Suites 100 and 200 connect through an internal stairway, while the building also features a grand skylit entry, skylights in the second-floor suites, and an outdoor gathering area with a grill.
The property is located within Flatiron Business Park, a campus occupied by technology, life-science, and quantum companies including Apple, Atom Computing, Corden Pharma, Nite Ize, Colorado Quantum Incubator, and others. East & Co., the South Boulder Creek Bike Path, and Wild Provisions Beer Project are also within the park. Access to Highway 36 and downtown Boulder is approximately 10 minutes, with Longmont about 25 minutes, downtown Denver about 40 minutes, and DIA about 50 minutes away.
The property is located within Flatiron Business Park, a campus occupied by technology, life-science, and quantum companies including Apple, Atom Computing, Corden Pharma, Nite Ize, Colorado Quantum Incubator, and others. East & Co., the South Boulder Creek Bike Path, and Wild Provisions Beer Project are also within the park. Access to Highway 36 and downtown Boulder is approximately 10 minutes, with Longmont about 25 minutes, downtown Denver about 40 minutes, and DIA about 50 minutes away.
Key Highlights
- Up to 10,500 sq. ft. available for an owner‑user
- Additional 21,367 sq. ft. scheduled to be available in May 2027
- Second‑floor offices include showers, outdoor decks, and views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$582,156
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,643,120
$11.6M
Cap Rate 7%
$8,316,514
$8.3M
Cap Rate 9%
$6,468,400
$6.5M
Market Conditions
NOI Build-Up for 41,411 SF
Gross rent
$1.09M $26.40/SF
− Vacancy
−$317.0K −$7.66/SF
EGI
$776.2K $18.74/SF
− OpEx
−$194.1K −$4.69/SF
NOI
$582.2K $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%
$11,643,120
Cap Rate 7%
$8,316,514
Cap Rate 9%
$6,468,400
Alternative Uses
Best Use
Office B
$8.32M
$7.28M – $9.70M
NOI $582,156 @ 7.0% cap · market cap 4.87%
Second Best
Flex RnD
$5.58M
$4.88M – $6.51M
NOI $390,514 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$13.99M
$12.24M – $16.33M
NOI $979,552 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,130
Businesses Nearby
Well-served
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Adaptable commercial premises with upgraded offices, outdoor decks, and an overhead door for flexible operations.
Where is this flex space located?
The property is located at 5665 Flatiron Parkway Boulder, CO.
What is the asking price?
The asking price for this property is $11,950,000.
What are key features of this property?
This property features: Up to 10,500 sq. ft. available for an owner‑user; Additional 21,367 sq. ft. scheduled to be available in May 2027; Second‑floor offices include showers, outdoor decks, and views
