1048 Pearl StBoulder, CO 80302

Property Details for 1048 Pearl St

Year built

2015

Construction

CONCRETE

Lot size

0.96 AC

Property size (Sq ft)

24,676 SF

Property type

Office properties

Property subtype

Office buildings

APN

1463-30-3-99-003

APU

146330399003

Description

This exceptional retail space, totaling 41,818 square feet, is situated on the coveted west end of Boulder's historic Pearl Street Mall. Built in 2015, the property offers a unique opportunity for multiple tenants seeking high-visibility locations within a bustling pedestrian environment. The lower level boasts impressive 21-foot ceiling heights, creating a dramatic and versatile space ideal for creative retail concepts. The location benefits from significant foot traffic, including office workers, students, and tourists drawn to the area's vibrant atmosphere and numerous amenities. This prime retail space provides unparalleled access to a dense population of potential customers. Its placement on the Pearl Street Mall ensures maximum exposure and brand recognition. The modern construction ensures efficient and attractive space for any business. The multiple tenancy option allows for flexibility in lease terms and tenant mix, catering to a variety of retail needs. This is a rare opportunity to secure a prominent retail presence in one of Boulder's most desirable locations. The property's size and location make it an ideal investment for businesses seeking to establish or expand their presence in this thriving market. Don't miss this chance to secure a piece of Boulder's iconic Pearl Street Mall.

• CAP approach

  CAP return

  Valuation

  6%

  $5,346,616

  6.5%

  $4,935,338

  7%

  $4,582,814

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,063,892

  Geo Method

  $2,038,731

• Alternative Use

  Use

  Valuation

  Residential

  $6,119,819

  Hospitality

  $5,605,722

  Educational

  $4,663,894

  Medical

  $4,824,293

  Retail

  $7,254,946

Location Insight

City

Boulder

County

Boulder

State

Colorado

Latitude

40.0172

Longitude

-105.282

CBSA code

14500

CBSA name

BOULDER, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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