5353 Manhattan CirBoulder, CO 80303

Property Details for 5353 Manhattan Cir

Year built

1988

Construction

BRICK

Lot size

0.68 AC

Property size (Sq ft)

15,264 SF

Zone code

2120

Property type

Office properties

Property subtype

Office buildings

APN

1577-09-0-08-002

APU

157709008002

Description

This exceptional office space in Boulder, Colorado, offers a rare opportunity to lease a well-maintained Class B office suite. Located in the desirable South Boulder submarket, this property boasts convenient access to Highway 36 and South Boulder Road, ensuring effortless commutes. The available space ranges from 1,241 to 1,451 square feet, with one contiguous unit of 1,451 square feet currently vacant on the second floor offering a western view. A second, smaller space is available on the first floor. The building features a shared common area shower, a valuable amenity for tenants. This property is ideally suited for a variety of professional uses, including medical practices, thanks to its zoning. The landlord offers flexible lease terms and a below-market net-net-net (NNN) lease rate of $10.00 per square foot. This represents a significant value proposition for businesses seeking high-quality office space in a prime Boulder location. The building is locally owned, ensuring a responsive and attentive landlord. Don't miss this chance to secure your ideal workspace in this thriving community. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $3,282,526

  6.5%

  $3,030,024

  7%

  $2,813,594

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,718,338

  Geo Method

  $1,261,112

• Alternative Use

  Use

  Valuation

  Residential

  $3,757,230

  Hospitality

  $3,441,603

  Educational

  $2,863,373

  Medical

  $2,961,849

  Retail

  $4,454,136

Location Insight

City

Boulder

County

Boulder

State

Colorado

Latitude

39.9847

Longitude

-105.228

CBSA code

14500

CBSA name

BOULDER, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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