Two-Story Flex Space with Dock-High
For Sale
Contact for pricing
5741 Arapahoe Ave, Boulder, CO 80303
Two-story flex space with office on the second floor and a dock-high loading door for efficient industrial operations.
Property Size6,916 SF
Price / SF$193.03
Days on Market144
Property Features for 5741 Arapahoe Ave
General Information
Standard status
Active
Size
6,916 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
16 ft
Dock-High Doors
1
Additional Details
Floor
2
Road Access
Yes
Building Details
Stories
2
Listing Agency:
The Colorado Group, Inc.
(303) 449-2131
Listed By:
Jason Kruse · License #ER.040003091
(720) 581-7022
Source:
Moodyscre
Added: Apr 27
Changed: Sep 15
Last Checked: Sep 16 at 4:04PM
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 The Colorado Group, Inc.
Investment Insights
Based on property information with market context.
Two-story flex space offering a practical live-work style layout, with office space on the second floor and industrial functionality on the ground level. The property includes a dock-high loading door and 16’ ceiling heights, supporting efficient material handling and flexible tenant use. Plenty of parking is available for work trucks, vans, and other vehicles.
Located off Arapahoe with easy access to central Boulder, the site is positioned for convenient daily operations and client visits.
With 6,916 SF of total space, this is well-suited for an owner-user or tenant seeking a combined office-and-flex configuration with on-site logistics support.
Located off Arapahoe with easy access to central Boulder, the site is positioned for convenient daily operations and client visits.
With 6,916 SF of total space, this is well-suited for an owner-user or tenant seeking a combined office-and-flex configuration with on-site logistics support.
Key Highlights
- 6,916 SF flex space
- Two stories with office on the second floor
- Dock‑high loading door
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$97,225
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,944,500
$1.9M
Cap Rate 7%
$1,388,929
$1.4M
Cap Rate 9%
$1,080,278
$1.1M
Market Conditions
NOI Build-Up for 6,916 SF
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.
Gross rent
$182.6K $26.40/SF
− Vacancy
−$52.9K −$7.66/SF
EGI
$129.6K $18.74/SF
− OpEx
−$32.4K −$4.69/SF
NOI
$97.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,944,500
Cap Rate 7%
$1,388,929
Cap Rate 9%
$1,080,278
Alternative Uses
Best Use
Office B
$1.39M
$1.22M – $1.62M
NOI $97,225 @ 7.0% cap · market cap 7.28%
Second Best
Flex RnD
$931.7K
$815.2K – $1.09M
NOI $65,219 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$2.34M
$2.04M – $2.73M
NOI $163,594 @ 7.0% cap · market cap 12.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
16 ft
Clear height
1
Dock-high doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
966
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80303, CO
25,328
Population
12,583
Households
2
Avg Household Size
32
Median Age
79%
College-Educated
99%
High-School Grad
21.9 sq mi
ZIP Area
1,157
Density / Sq Mi
$77,344
Median Household Income
$31,661
Median Earnings
$1,833
Median Rent
$941,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
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Similar Off Market Nearby
- The Wheel & Whisk Catering and Food Truck — 5706 arapahoe ave, boulder, co 80303
- Sage & Savory Catering — 6325 Arapahoe Rd, Boulder, CO 80303
- Big Daddy's Texas BBQ — 2100 Central Ave, Boulder, CO 80301
Frequently Asked Questions
What type of property is this?
Flex space - Two-story flex space with office on the second floor and a dock-high loading door for efficient industrial operations.
Where is this flex space located?
The property is located at 5741 Arapahoe Ave Boulder, CO.
What is the asking price?
The asking price for this property is $1,335,000.
What are key features of this property?
This property features: 6,916 SF flex space; Two stories with office on the second floor; Dock‑high loading door
