Log In/Sign Up
Your email has been sent.
Randolph Bldg 1319 Spruce St 7,924 SF 100% Leased Office Building Boulder, CO 80302 $3,900,000 ($492.18/SF) 8.50% Cap Rate
Investment Highlights
- Historic building in Downtown Boulder
- 7.4% cap rate (‘26-’27 income)
- Fully leased through July 2027
Executive Summary
Downtown Boulder offers an outstanding combination of strong demographics and excellent market factors, all located in one of the most desirable entertainment/shopping districts in the United States.
From outstanding demographics to high frequency of usage, Downtown Boulder is one of the best locations in Colorado to place your business for maximum sales opportunity.
Downtown Boulder is one of the nation's hubs of the new economy and entrepreneurial companies. With over 10,000 employees downtown, the district enjoys the advantages of a built-in market. Employees are in downtown Boulder regardless of the time of year or weather conditions, making them an active consumer group during traditionally slow times or during inclement weather.
From outstanding demographics to high frequency of usage, Downtown Boulder is one of the best locations in Colorado to place your business for maximum sales opportunity.
Downtown Boulder is one of the nation's hubs of the new economy and entrepreneurial companies. With over 10,000 employees downtown, the district enjoys the advantages of a built-in market. Employees are in downtown Boulder regardless of the time of year or weather conditions, making them an active consumer group during traditionally slow times or during inclement weather.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
7,924 SF
Building Class
C
Year Built
1924
Price
$3,900,000
Price Per SF
$492.18
Cap Rate
8.50%
NOI
$331,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,494 SF
Building FAR
1.13
Lot Size
0.16 AC
Zoning
N/Av
1 1
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
70/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 1463303-16-005 | Improvements Assessment | $716,499 |
| Land Assessment | $632,016 | Total Assessment | $1,348,515 |
Property Taxes
Parcel Number
1463303-16-005
Land Assessment
$632,016
Improvements Assessment
$716,499
Total Assessment
$1,348,515
1 of 25
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Randolph Bldg | 1319 Spruce St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.