For Sale
$1,595,000

5370 Manhattan Cir Boulder, CO 80303

Prime South Boulder Office, Owner-User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 6,487 square foot medical and traditional office building in Boulder, Colorado, presents a compelling owner-user or investment opportunity. Priced at $1,595,000 ($245.88/sq ft), it boasts a strong net operating income (NOI) of $80,385, yielding a 5.04% cap rate. The property features three units, with 2,458 square feet available on the second floor, ideal for various office, medical, or personal service uses. Two existing tenants generate the current NOI. Seller financing may be considered. The building's excellent South Boulder location offers easy access to Foothills Parkway, South Boulder Road, and Highway 36, ensuring convenient commutes. Ample parking is available. An adjacent property at 5360 Manhattan Circle is also available for purchase, creating a potential campus-like environment. This presents a rare chance to acquire a well-situated, income-producing property with significant upside potential in a thriving Colorado market. The property is zoned for medical and traditional office uses, offering flexibility for various business needs. Detailed financial information is available upon request.

Highlights

  • 6,487 SF medical/office building in Boulder, CO, priced at $1,595,000 ($245.88/SF).
  • Strong NOI of $80,385, yielding a 5.04% cap rate.
  • Three units total, with 2,458 SF available for lease on the second floor.
  • Excellent South Boulder location with easy access to major roadways and ample parking.
  • Seller financing may be considered.
  • Adjacent property also available for purchase.

Property Details for 5370 Manhattan Cir

Property type
Office properties, Medical offices
Square Feet
6,487 SF
Units
3

Location Insight

City
Boulder
County
Boulder
State
Colorado
Latitude
39.984754222473
Longitude
-105.22783923824

FAQs

What type of property is this?
Office property - Prime South Boulder Office, Owner-User Opportunity
Where is the office property located?
The property is located at 5370 Manhattan Cir Boulder, CO.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 6,487 SF medical/office building in Boulder, CO, priced at $1,595,000 ($245.88/SF).; Strong NOI of $80,385, yielding a 5.04% cap rate.; Three units total, with 2,458 SF available for lease on the second floor.
How can I contact the broker?
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5370 Manhattan Cir
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