1401 Walnut StBoulder, CO 80302

Property Details for 1401 Walnut St

Year built

1980

Construction

CONCRETE

Lot size

0.20 AC

Property size (Sq ft)

33,614 SF

Zone code

2120

Property type

Office properties

Property subtype

Office buildings

APN

1463-30-3-36-007

APU

146330336007

Description

1401 Walnut Street in vibrant Downtown Boulder offers 13,156 square feet of Class A office space, currently fully vacant and ready for immediate occupancy. This modern building, constructed in 1980, is ideally situated at the corner of 14th and Walnut Streets, providing unparalleled access to the Pearl Street Mall and the RTD Transit station. The property features multiple tenancy options, with spaces ranging from a minimum of 2,478 square feet to a maximum contiguous space of 3,702 square feet. The building boasts a 2:1000 parking ratio, ensuring ample parking for tenants and their clients. Elevators are available for convenient access to all floors. The building's classification as both Executive and Creative Office space makes it suitable for a wide range of businesses. Its location in the Downtown Boulder submarket, specifically the Downtown Boulder cluster, places it in the heart of the city's commercial activity. This prime location offers exceptional visibility and accessibility, making it an attractive opportunity for businesses seeking a prestigious and convenient address. The building's modern design and amenities, combined with its strategic location, present a compelling opportunity for businesses seeking a high-quality office space in a thriving urban environment. The total building size is 13,156 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $7,282,700

  6.5%

  $6,722,492

  7%

  $6,242,314

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,259,610

  Geo Method

  $2,777,189

• Alternative Use

  Use

  Valuation

  Residential

  $8,335,890

  Hospitality

  $7,635,630

  Educational

  $6,352,754

  Medical

  $6,571,236

  Retail

  $9,882,063

Location Insight

City

Boulder

County

Boulder

State

Colorado

Latitude

40.0177

Longitude

-105.277

CBSA code

14500

CBSA name

BOULDER, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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