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    1320 Pearl St Boulder, CO 80302

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    For Lease
    Contact for pricing

    Historic Pearl Street Mall location; multiple suites available.

    Lot size:
    25,160 SF

    Property Features for 1320 Pearl St

    General Information

    Property type
    Office Units
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,160 SF
    Class
    B
    Total Rate
    31450

    Building Details

    Year Built
    1957
    Stories
    3

    Spaces For Lease

    at 1320 Pearl St, Boulder, CO 80302 Contact us
    Unit Suite 103

    $18,000 /Mo

    Size
    650 SF
    Contact us
    Unit Suite 100W

    $45 /Mo

    Size
    2,047 SF
    Contact us
    Unit Suite 232

    $20 /Mo

    Size
    2,581 SF
    Contact us
    Unit Suite 240

    $15 /Mo

    Size
    863 SF
    Contact us
    Unit Suite 109W

    $7,200 /Mo

    Size
    308 SF
    Contact us
    Unit Suite 120

    $20 /Mo

    Size
    1,047 SF
    Contact us
    Unit Suite 102

    $30,000 /Mo

    Size
    1,075 SF
    Contact us
    Unit Suite 110

    $20 /Mo

    Size
    836 SF
    Contact us
    Unit Suite 105

    $10,200 /Mo

    Size
    356 SF
    Contact us
    Unit Suite 107

    $18,000 /Mo

    Size
    640 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Chad Henry
    Chad Henry

    Listing Agency: WW Reynolds Companies Listing Agent: Chad Henry

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    The Cartwright Building, a three-story Class B building (25,160 total square feet), offers exceptional office and retail space for lease in the heart of Downtown Boulder's vibrant Pearl Street Mall. Built in 1957, this multi-tenant property boasts upgraded finishes throughout and is conveniently situated between 13th and 14th Streets, directly across from the Boulder Courthouse. Tenants enjoy immediate access to the area's premier shopping, dining, and cultural attractions. Currently, 3,558 square feet are vacant, encompassing 10 available suites ranging from 308 to 2,581 square feet. The building features a desirable rooftop deck, perfect for tenant use. With its prime location and attractive amenities, The Cartwright Building presents a unique opportunity for businesses seeking a prestigious address in the bustling Downtown Boulder submarket. The building includes elevators for convenient access to all three floors. This is a rare opportunity to secure space in a well-maintained, historically significant building in one of Boulder's most sought-after locations. Contact us today to learn more about available spaces and lease terms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Boulder Drum Studio High School Bolder Energy Engineers Engineering Consultant Drum Lessons Remotely Music Venue Lokalite Marketing & Advertising Travis Ramos Artist

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Boulder
    County
    Boulder
    State
    Colorado
    Longitude
    -105.2780424
    Latitude
    40.0180231

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    FAQs

    What type of property is this?
    Office units - Historic Pearl Street Mall location; multiple suites available.
    Where is this office units located?
    The property is located at 1320 Pearl St Boulder, CO.
    What is the lease rate?
    The lease rate is $15-$30,000 SF/Yr.
    What are key features of this property?
    This property features: 308-3,444 square feet of office and retail space available for lease.; Building features upgraded finishes.; Property includes a rooftop deck.
    (303) 442-8687 Call to check price and availability
    Request Owner's contact information
    1320 Pearl St Boulder, CO 80302
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    Boulder, CO 80302
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1320 Pearl St Boulder, CO 80302
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Chad Henry
    Chad Henry
    Real Estate License ID: IA.040046310
    (303) 442-8687
    Learn more
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