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    Boulder Office Building Investment Opportunity Title is generated by Realmo AI

    6640 Gunpark Dr, Boulder, CO 80301

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    Fully occupied office building backing to Boulder Country Club.

    Type:Office
    Property size:
    5,740 SF
    Price / SF:
    $274/SF
    Added:
    Feb 27, 2023
    Days on Market:
    1206
    Last Refresh:
    May 19 at 8:34 pm

    Property Features for 6640 Gunpark Dr

    General Information

    Standard status
    Active
    Size
    5,740 SF
    Property subtype
    Office

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    Listing Contact
    Jason Kruse

    Listing agent Jason Kruse License #CO ER.040003091

    Listing office Colorado Group

    Listing date Feb 27, 2023

    Source Crexi

    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 Colorado Group

    HighLights

    • 100% Occupied: Provides immediate rental income.
    • Backs to Boulder County Club Golf Course: Offers desirable views.
    • Great Investment Property: Highlights the potential for financial return.
    • Five Suites: Provides diversification of income streams.
    • Lots of Natural Light: Creates a bright and appealing environment.
    • Building: Indicates a physical structure suitable for occupancy and investment.

    Overview

    This commercial property presents a potential investment opportunity, currently 100% occupied. The building features five suites and benefits from abundant natural light. Its location backs onto the Boulder Country Club golf course.

    Local 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 $151.5k $26.40
    − Vacancy −$43.9k −$7.66
    EGI $107.6k $18.74
    − OpEx −$26.9k −$4.69
    NOI $80.7k $14.06
    5,740 SF · lease $26.40/SF/yr · vacancy 29.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.15M
    $1.01M – $1.34M (±1% cap)
    NOI $80,693 @ 7.0% cap · market cap 5.12%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.94M
    $1.70M – $2.26M (±1% cap)
    NOI $135,776 @ 7.0% cap · market cap 8.62%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Emily Fried, LCSW Psychotherapist Centil Corporate Office Altitude Edge Companies Consultant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boulder
    County
    Boulder
    State
    Colorado
    Longitude
    -105.1987341
    Latitude
    40.0697431

    FAQs

    What type of property is this?
    Office building - Fully occupied office building backing to Boulder Country Club.
    Where is this office building located?
    The property is located at 6640 Gunpark Dr Boulder, CO.
    What is the asking price?
    The asking price for this property is $1,575,000.
    What are key features of this property?
    This property features: 100% Occupied: Provides immediate rental income.; Backs to Boulder County Club Golf Course: Offers desirable views.; Great Investment Property: Highlights the potential for financial return.
    More about this property
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