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$2,700,000
Est. payment /mo
15,320 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 15,320 sqft
Price per Sqft $176
MLS Listing ID 3874677
HOA Y/N No
Year Built 1974
Annual Tax Amount $79,311
Tax Year 2025
Lot Size 0.850 Acres
Acres 0.85
Property Sub-Type Industrial
Source recolorado
Property Description
1845 Range Street is a 15,320-square-foot industrial warehouse located in Boulder, Colorado, just east of Foothills Parkway and Arapahoe Road. Built in 1974, this masonry-steel hybrid building has CMU block wall with a steel frame supporting a sloped EPDM rubber membrane roof, recently passing City of Boulder inspection process. On the roof there are more than 10 HVAC units, and the building has had a generous amount of electrical work, totaling 9,000 amps of three-phase power. There are six bathrooms strategically placed for multiple tenants, seven roll-up doors (four loading docks, three drive-ins) perfect for loading and distribution, in addition to 14-foot clear heights. This multi-tenant building currently has one tenant occupying 2,695 square feet (18 percent) leaving 12,625 square feet (82 percent) vacant. The lone tenant is Leotele Botanicals who produces CBD oils and extracts. They have occupied the space since 2017 and currently pay $23.42 per square foot gross, with a lease expiration on October 31, 2026. The vacant space is currently divided into multiple rooms with temporary walls and can be repositioned to accommodate multiple tenants or a single tenant. 12,624-square-foot space is currently available for rent at $17 per square foot NNN. Current CAM is estimated at $7-9 SF.
Location
State CO
County Boulder
Zoning Industrial
Interior
Fireplace N
Exterior
Roof Type Membrane
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Concrete,Metal Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
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Cesar Peña
Real Estate Advisor | License ID: FA.100097076
Real Estate Advisor License ID: FA.100097076