2525 Arapahoe AveBoulder, CO 80302

  • Commercial real estate
  • 6,264 SF
For Lease
$19.99/SF/YR View listing

Property Details for 2525 Arapahoe Ave

Year built
1967
Construction
TYPE NOT SPECIFIED
Lot size
14.81 AC
Property size (Sq ft)
6,264 SF
Property type
Commercial real estate
APN
1463-29-3-14-002
APU
146329314002

Description

The Village Shopping Center, a landmark Boulder lifestyle shopping center, presents a unique opportunity for retailers and restaurants. This 22,390 square foot multi-tenant property boasts eight available spaces, ranging from 568 to 4,430 contiguous square feet, with a minimum divisible space of 1,100 square feet. Currently, the entire 22,390 square feet is vacant, offering a blank canvas for a new tenant mix or expansion of existing businesses. The center is strategically located in Boulder County and enjoys high visibility due to its prominent position within the community. Anchored by established and respected businesses such as McGuckin Hardware and Sprouts Farmers Market, The Village Shopping Center benefits from significant foot traffic and brand recognition. This presents a rare chance to establish a presence amongst a curated collection of strong retailers, unique specialty shops, and restaurants. The property's prime location in the heart of Boulder ensures high exposure to a desirable demographic. This is an exceptional opportunity to secure premier retail space in one of Colorado's most vibrant and sought-after cities. The center's established reputation and strong anchor tenants provide a solid foundation for future success. Interested parties should inquire about lease terms and availability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,537,210
    6.5%
    $1,418,960
    7%
    $1,317,610
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,538,160
    Geo Method
    $517,532
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,792,980
    Retail / Commercial
    $1,432,350
    Mixed-Use / Specialty
    $1,427,340
    Hospitality / Lodging
    $1,047,320
    Office
    $1,418,960
    Institutional / Educational
    $1,483,900
    Residential Income
    $1,736,160
    Multifamily
    $2,081,710
    Automotive / Energy
    $1,271,910
    Parking / Income-Based Land
    $438,823
    Restaurant / Food Service
    $742,582
    Healthcare / Senior Housing
    $1,463,610

Location Insight

City
Boulder
County
Boulder
State
Colorado
Latitude
40.0158
Longitude
-105.262
CBSA code
14500
CBSA name
BOULDER, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,271,446
$3,015,432
$11,715,742
$14,731,174
-
$10,808,000
$41,991,900
$52,799,900

FAQs

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