5755 Central AveBoulder, CO 80301

Property Details for 5755 Central Ave

Year built

1996

Construction

BRICK

Lot size

4.37 AC

Property size (Sq ft)

37,240 SF

Zone code

2120

Property type

Industrial properties

APN

1463-27-0-18-007

APU

146327018007

Description

This exceptional two-story, 37,240-square-foot office building is situated on a 4.37-acre lot in the heart of Boulder's Flatirons Technology Park. Built in 1996 and extensively renovated in 2014 (including roof replacement), the property boasts modern finishes and a desirable "plug and play" layout. Currently, 64% occupied, with leases to JMA Wireless (entire first floor) and Flatirons Solutions (portion of second floor), the occupancy date is November 5, 2024. The building features six units, 118 parking spaces, and a convenient dock-high loading door. The vacant space is ready for immediate occupancy, complete with existing office furniture and cubicles. The property includes a dedicated computer room/lab with its own HVAC system, adding to its versatility. The HVAC system for the entire building has been entirely replaced since 2015, totaling 116.5 tons. This Class B office building is zoned IG and presents a compelling value-add investment opportunity, offering a below-replacement-cost purchase price. The property's strong tenant base, modern amenities, and prime location make it an attractive investment for owner-occupants seeking a turnkey solution. The NNN lease structure further enhances its appeal.

• Alternative Use

  Use

  Valuation

  Residential

  $9,271,546

  Hospitality

  $8,492,686

  Educational

  $7,065,816

  Medical

  $7,308,820

  Retail

  $10,991,268

Location Insight

City

Boulder

County

Boulder

State

Colorado

Latitude

40.0256

Longitude

-105.222

CBSA code

14500

CBSA name

BOULDER, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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