Four-Building Retail/ Flex Property 4 Properties Online Auction Sale Lafayette, CO
INVESTMENT HIGHLIGHTS
- Retail/ flex facility offering stable passive income, ideal for investors seeking low-maintenance cash flow or repositioning for higher rents.
- Buyers can capitalize on the property’s value-add potential with upcoming lease turnovers, giving an opportunity to boost NOI.
- Lafayette features strong demographics, with a growing population and 5-mile household incomes surpassing $151,770.
- Perfectly located in Lafayette near the intersection of W Baseline Road and Highway 287, less than 30 minutes from both Boulder and Denver.
- Several retailers and conveniences are nearby, including national chains and locals in the historic downtown.
EXECUTIVE SUMMARY
This unique investment offers a mix of retail and flex/industrial units with stable near-term income and upcoming lease expirations, providing a rare opportunity to reposition the property or re-lease at market rates.
776-812 W Baseline Road is an exceptional four-building retail/ flex assemblage in Lafayette, Colorado. Each building is single-story constructed between 1977 and 2002 to create a small plaza with a diverse mix of spaces. 776 W Baseline Road is a 4,860-square-foot brick building with four flex/retail units each featuring a glass entry and overhead door. 778 W Baseline consists of 7,403 square feet of retail/flex space, which is home to Cellar West Brewery and its tap room, along the retail frontage, as well as an artist studio, a music studio, and a food distribution company in the back unit with a loading dock. 780 W Baseline is another retail/ flex building consisting of 5,408 square feet with a mix of tenants, including an acupuncturist, tattoo artist, property management company, and a machine shop. The final building on the property is 812 W Baseline Road, a 1,500-square-foot four-unit storage facility with gross leases. All of the other spaces are NNN leases with a strong track record of occupancy and only one vacancy of 1,255 square feet. Near-term lease rollovers create a unique opportunity for investors to unlock added value. Buyers can either re-lease at current market rates, reposition the plaza as fully retail to achieve higher rents, or occupy select spaces for their own use while generating passive income from the remaining tenants.
This strategic assemblage is ideally situated in the heart of Lafayette, offering a prime location with strong growth potential and connectivity. Perched near the major intersection of W Baseline Road and Highway 287, the asset benefits from high visibility and traffic counts. Lafayette offers a blend of suburban charm and urban convenience with easy access to Denver or Boulder and a plethora of outdoor activities. There are many retailers and restaurants within a quick drive, including national chains such as Walmart Supercenter, Walgreens, Chili’s Grill & Bar, Lowe’s, and Safeway, as well as many local restaurants and shops populating the historic downtown.
This asset is within the thriving Greater Boulder market, one of Colorado’s strongest economic regions. Boulder has seen many companies flourish in the past decade thanks to a well-developed infrastructure resulting from a synergistic relationship with the University of Colorado. The local economy is further strengthened by the presence of several Fortune 500 companies, including GE, IBM, Lockheed Martin, and Qualcomm. Google has also made a significant investment in the area, employing over 1,000 people and recently completing a 200,000-square-foot campus.
Property tours will be held on May 21st, June 6th, and June 19th by appointment only. Please contact the listing broker to schedule.
776-812 W Baseline Road is an exceptional four-building retail/ flex assemblage in Lafayette, Colorado. Each building is single-story constructed between 1977 and 2002 to create a small plaza with a diverse mix of spaces. 776 W Baseline Road is a 4,860-square-foot brick building with four flex/retail units each featuring a glass entry and overhead door. 778 W Baseline consists of 7,403 square feet of retail/flex space, which is home to Cellar West Brewery and its tap room, along the retail frontage, as well as an artist studio, a music studio, and a food distribution company in the back unit with a loading dock. 780 W Baseline is another retail/ flex building consisting of 5,408 square feet with a mix of tenants, including an acupuncturist, tattoo artist, property management company, and a machine shop. The final building on the property is 812 W Baseline Road, a 1,500-square-foot four-unit storage facility with gross leases. All of the other spaces are NNN leases with a strong track record of occupancy and only one vacancy of 1,255 square feet. Near-term lease rollovers create a unique opportunity for investors to unlock added value. Buyers can either re-lease at current market rates, reposition the plaza as fully retail to achieve higher rents, or occupy select spaces for their own use while generating passive income from the remaining tenants.
This strategic assemblage is ideally situated in the heart of Lafayette, offering a prime location with strong growth potential and connectivity. Perched near the major intersection of W Baseline Road and Highway 287, the asset benefits from high visibility and traffic counts. Lafayette offers a blend of suburban charm and urban convenience with easy access to Denver or Boulder and a plethora of outdoor activities. There are many retailers and restaurants within a quick drive, including national chains such as Walmart Supercenter, Walgreens, Chili’s Grill & Bar, Lowe’s, and Safeway, as well as many local restaurants and shops populating the historic downtown.
This asset is within the thriving Greater Boulder market, one of Colorado’s strongest economic regions. Boulder has seen many companies flourish in the past decade thanks to a well-developed infrastructure resulting from a synergistic relationship with the University of Colorado. The local economy is further strengthened by the presence of several Fortune 500 companies, including GE, IBM, Lockheed Martin, and Qualcomm. Google has also made a significant investment in the area, employing over 1,000 people and recently completing a 200,000-square-foot campus.
Property tours will be held on May 21st, June 6th, and June 19th by appointment only. Please contact the listing broker to schedule.
OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Title and Insurance
PROPERTY FACTS
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Total Building Size | 19,171 SF |
| Total Land Area | 2.09 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT |
|---|---|---|---|
| 778 Baseline Rd, Lafayette, CO 80026 | Industrial | 7,403 SF | 1983 |
| 776 W Baseline Rd, Lafayette, CO 80026 | Industrial | 4,860 SF | 1977 |
| 812 W Baseline Rd, Lafayette, CO 80026 | Industrial | 1,500 SF | 1983 |
| 780 W Baseline Rd, Lafayette, CO 80026 | Retail | 5,408 SF | 1983 |
SALE ADVISORS
SALE ADVISORS
Eric Rutherford,
Commercial Real Estate Broker
(303) 944-1574
Contact
Eric Rutherford was raised in Boulder and has been active in the local real estate market for eleven years both as a Real Estate Broker and an investor.
A graduate of Fairview High School, he attended the United States Naval Academy in Annapolis, Maryland and served as an Offier in the United States Marine Corps in Hawaii and Japan. Early in his real estate career, he was among the top five brokers in the first eighteen months of employment.
He graduated from the FBI Academy in Virginia (elected class president as well as the graduation speaker) and worked as a federal agent with the Drug Enforcement Administration (DEA) in Texas prior to reentering the real estate profession.
A lifetime athlete, Eric enjoys mountaineering and a variety of sports. His high school and college football honors include: Fairview state champion team; named to the first team All-State (offense and defense); Naval Academy team co-captain; Sports Illustrated player of the week; Division I honorable mention All-American; named to the first team All-East; played in the Hula Bowl; three-year starter.
Having traveled throughout Latin America and the world, Eric has broad cross-cultural experience and is fluent in Spanish. He has a talent for hunting down deals and is a firm believer that integrity is the basis for any relationship. Personable, hardworking, and effective, Eric is a candidate for real estate's most prestigious designation, the CCIM (Certified Commercial Investment Member.
Eric Recently graduated from the University of Colorado with a Masters in Business Administration. He is married to the former Brenda Alcaraz Cordove and has a little girl named Paloma and a little boy named Kai .
A graduate of Fairview High School, he attended the United States Naval Academy in Annapolis, Maryland and served as an Offier in the United States Marine Corps in Hawaii and Japan. Early in his real estate career, he was among the top five brokers in the first eighteen months of employment.
He graduated from the FBI Academy in Virginia (elected class president as well as the graduation speaker) and worked as a federal agent with the Drug Enforcement Administration (DEA) in Texas prior to reentering the real estate profession.
A lifetime athlete, Eric enjoys mountaineering and a variety of sports. His high school and college football honors include: Fairview state champion team; named to the first team All-State (offense and defense); Naval Academy team co-captain; Sports Illustrated player of the week; Division I honorable mention All-American; named to the first team All-East; played in the Hula Bowl; three-year starter.
Having traveled throughout Latin America and the world, Eric has broad cross-cultural experience and is fluent in Spanish. He has a talent for hunting down deals and is a firm believer that integrity is the basis for any relationship. Personable, hardworking, and effective, Eric is a candidate for real estate's most prestigious designation, the CCIM (Certified Commercial Investment Member.
Eric Recently graduated from the University of Colorado with a Masters in Business Administration. He is married to the former Brenda Alcaraz Cordove and has a little girl named Paloma and a little boy named Kai .
Jaime Pletcher,
Broker Associate
(720) 833-8174
Contact
Jaime Pletcher joined the Gibbons White team in 2019 coming to the firm with five years of experience in the industry. Her real estate career began in commercial property investments and management and has grown to include landlord and tenant representation, sales and leasing in the Denver Metro area with a focus in Boulder County. Prior to real estate, Jaime worked for nine years in the outdoor industry as a Marketing Director and she brings that expertise to her listings.
ABOUT THE AUCTION PLATFORM
Ten-X Commercial is the leading end-to-end digital transaction platform for commercial real estate. With over $26bn sold, Ten-X’s platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. Ten-X consistently yields trade rates at two times the industry average. Ten-X expedites the entire CRE transaction timeline by enabling brokers and sellers to tap into a digital platform that makes it easy to onboard properties, evaluate the success of complimentary omnichannel marketing campaigns and follow up on the strongest pre-qualified leads. Buyers are precision-matched with properties aligned with their investment goals, with unprecedented access to market analysis and due diligence documents to help them securely acquire properties online, with confidence.
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AUCTION CONTACT
Keisha Hartshorn
Contact
Auctioneer License:
Ten-X Arlene Richardson RE Brkr EC.100067651
