Gunbarrel Medical/Professional Office
For Sale
Contact for pricing
7490 Clubhouse Rd, Boulder, CO 80301
Medical/Professional office building in Gunbarrel, ideal for owner/user.
Property Size16,048 SF
Lot Size0.98 Acres
Price / SF$191.52
Days on Market1087
Property Features for 7490 Clubhouse Rd
General Information
Standard status
Active
Size
16,048 SF
Class
B
Lot size
0.98 Acres
Property subtype
Office
Lease Type
NNN
Building Details
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
Gibbons-White Inc
Listed By:
Michael-Ryan McCarty · License #CO FA.040029628
(303) 442-1040
Source:
Crexi
Added: Sep 14, 2023
Changed: Aug 31
Last Checked: Aug 31 at 10:57PM
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 medical/professional office building is situated in a serene Gunbarrel setting, across from open space and nature trails. The property offers an ideal owner/user opportunity with immediate occupancy available. Alternatively, it presents a residential conversion opportunity. The suites and common areas have been remodeled. The property encompasses 0.98 acres, which is equivalent to 42,864 square feet, and includes 50 parking spaces.
Key Highlights
- Ideal owner/user opportunity with immediate occupancy
- Great residential conversion opportunity
- Medical / professional office building in serene Gunbarrel setting
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
$225,603
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
7.34%
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%
$4,512,060
$4.5M
Cap Rate 7%
$3,222,900
$3.2M
Cap Rate 9%
$2,506,700
$2.5M
Market Conditions
NOI Build-Up for 16,048 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
$423.7K $26.40/SF
− Vacancy
−$122.9K −$7.66/SF
EGI
$300.8K $18.74/SF
− OpEx
−$75.2K −$4.69/SF
NOI
$225.6K $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%
$4,512,060
Cap Rate 7%
$3,222,900
Cap Rate 9%
$2,506,700
Alternative Uses
Best Use
Healthcare Medical
$4.08M
$3.57M – $4.76M
NOI $285,398 @ 7.0% cap · market cap 9.29%
Second Best
Office B
$3.22M
$2.82M – $3.76M
NOI $225,603 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$5.42M
$4.75M – $6.33M
NOI $379,606 @ 7.0% cap · market cap 12.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
Under-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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical/Professional office building in Gunbarrel, ideal for owner/user.
Where is this medical office space located?
The property is located at 7490 Clubhouse Rd Boulder, CO.
What is the asking price?
The asking price for this property is $3,073,500.
What are key features of this property?
This property features: Ideal owner/user opportunity with immediate occupancy; Great residential conversion opportunity; Medical / professional office building in serene Gunbarrel setting
