For Sale
$18,300,000

1200 Pearl StBoulder, CO 80302

Historic mixed-use building, prime location

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional mixed-use property, located at 1200 Pearl Street and 1942 Broadway in Boulder, Colorado, presents a rare investment opportunity. The 40,702 square foot building boasts a compelling blend of retail and office space, currently generating a net operating income (NOI) of $544,742. The retail component, spanning 13,198 square feet across the first floor and studio level, is fully leased with a strong tenant mix. A significant owner-user opportunity exists with 25,722 square feet of office space available across the studio level and second through fifth floors. This historic building enjoys a coveted downtown Boulder location, offering phenomenal mountain views and exceptional visibility. Boulder's thriving economy, fueled by a robust tech sector and high quality of life, makes this a highly desirable investment. The asking price is $18,300,000, representing a price per square foot of $526 and a 4.73% cap rate. Detailed financial information will be provided to qualified buyers upon request. This is a truly unique opportunity to acquire a landmark property in one of America's most desirable cities.

Highlights

  • Exceptional mixed-use property in downtown Boulder, CO, totaling 40,702 square feet.
  • Generating a net operating income (NOI) of $544,742.
  • Fully leased retail space (13,198 sq ft) with strong tenant mix.
  • Significant owner-user opportunity: 25,722 sq ft of office space available.
  • Asking price: $18,300,000 ($526/sq ft, 4.73% cap rate).

Property Details for 1200 Pearl St

Property type
Office properties
Square Feet
40,702 SF

Location Insight

City
Boulder
County
Boulder
State
Colorado
Latitude
40.017885442963
Longitude
-105.27992777724
1200 Pearl St, Boulder, Colorado

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1200 Pearl St
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