2760 29Th StBoulder, CO 80301
- Office buildings
- 22,390 SF
Property Details for 2760 29Th St
- Year built
- 1972
- Construction
- CONCRETE
- Lot size
- 0.97 AC
- Property size (Sq ft)
- 22,390 SF
- Zone code
- 2120
- Property type
- Office buildings
- APN
- 1463-29-2-00-016
- APU
- 146329200016
Description
This exceptional 21,212 square foot medical office building presents a unique leasing opportunity in Boulder's central submarket. Situated on a 0.97-acre lot, this Class B property boasts a convenient location near a health club, transit village, and bike path, offering employees and patients easy access. Built in 1972 and renovated in 2000, the two-story building features ample free parking and elevator access for optimal convenience. The property is currently available for multiple tenants. A compelling leasing incentive is available: a Year 1 introductory rate of $15.00 NNN, followed by a Year 2 rate of $19.00 NNN, with a 3% annual increase thereafter for any lease term of three years or more. This presents a strong value proposition for medical practices seeking a well-maintained, centrally located space with excellent amenities. The building's single structure provides a cohesive and efficient environment. Its location in the CO - Central Boulder submarket ensures high visibility and accessibility for patients and staff. This is an ideal opportunity for medical professionals seeking a thriving and convenient location for their practice.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,860,562
- 6.5%
- $4,486,672
- 7%
- $4,166,196
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,514,356
- Geo Method
- $1,849,862
-
Alternative Use
- Use
- Valuation
- Residential
- $5,563,474
- Hospitality
- $5,096,112
- Educational
- $4,239,906
- Medical
- $4,385,722
- Retail
- $6,595,409
Location Insight
- City
- Boulder
- County
- Boulder
- State
- Colorado
- Latitude
- 40.0279
- Longitude
- -105.255
- CBSA code
- 14500
- CBSA name
- BOULDER, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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