Contacts
Jay Cahan
HC&M Commercial Properties
(415) 865-6102
Property Details
- Property Type Office - R&D - Office
- Property Size 14,350 SF
- Lot Size 38,152 SF
- Cap Rate % 5.1
- Building Class C
- Year Built 1960
- Date Updated Mar 26, 2024
R&D Building NN Leased to Ball Aerospace and adjacent to the Ball Aerospace Campus
NN Lease expiring in May of 2025 (with two (2) five (5) year market rate extensions) Current NN Lease at $18,045.58 per month ($1.26 prsf per month) Increases to $18,406.49 per month June 1, 2024 ($1.28 prsf per month)
Asking Price: $296 psf bldg., $111 psf total land, 5.1% Cap on next 12 months net income
* Well below current market rents for similar R&D buildings
* Landlord covers roof, structural and foundation
* Tenant pays 3% management fee to self-managing owner (increasing return)
* Many recent upgrades
* Key Building in Ball Portfolio since 2004
* Part of Boulder’s Thriving Aerospace Sector
* Very Limited Submarket with few buildings for sale
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Boulder, CO
- Neighborhood Cottonwood Lake
- Zip Code 80301
- Market Denver
Points of Interest
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Green Ride Boulder
1.37 miles
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Shell
0.37 miles
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Conoco
0.39 miles
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ChargePoint
0.56 miles
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ChargePoint
0.65 miles
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ChargePoint
0.69 miles
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ChargePoint
0.81 miles
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Boulder JCC
1.11 miles
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Conoco
1.14 miles
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ChargePoint
1.20 miles
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King Soopers Fuel Center
1.22 miles
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Valmont Bike Park
0.96 miles
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Meadows
1.05 miles
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Boulder Junction at Depot Square Park-n-Ride
1.15 miles
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Boulder Junction at Depot Square Station
1.15 miles
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Lot 535
1.24 miles
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Lot 533
1.26 miles
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P5
1.26 miles
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Lot 539
1.28 miles
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Lot 513
1.29 miles
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P2
1.29 miles
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Courtyard Boulder
0.70 miles
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Residence Inn Boulder
1.19 miles
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Hyatt Place Boulder-Pearl Street
1.19 miles
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Homewood Suites
1.43 miles
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Hilton Garden Inn Boulder
1.50 miles
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Embassy Suites by Hilton Boulder
1.55 miles
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Boulder Marriott Hotel & Spa
1.57 miles
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Millennium Harvest
1.60 miles
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Residence Inn Boulder Canyon Boulevard
1.61 miles
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Best Western Plus Boulder Inn
1.83 miles
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King Soopers
1.14 miles
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Target
1.36 miles
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Safeway
1.39 miles
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Whole Foods Market
1.40 miles
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Trader Joe's
1.45 miles
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India Bazaar
1.49 miles
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Marshalls
1.54 miles
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Safeway
1.57 miles
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Natural Grocers
1.59 miles
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Sprouts Farmers Market
1.62 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Jay Cahan
HC&M Commercial Properties
(415) 865-6102