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10694601
10676165

2995 Baseline Rd, Boulder, CO 80303 For Sale

MM
CO CO FA.040029628
Gibbons-White Inc
PW
CO CO FA.100007407
Gibbons-White Inc
Listed by Gibbons-White Inc
$9,900,000
1201 days on market
Updated 18 days ago

2995 Baseline Road

Details
APN 146332307003
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 25,554
Occupancy 60%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 5.42%
Pro-Forma NOI $536,634
Price per SqFt $387
Class B
Year Built 1974
Year Renovated 2018
Buildings 1
Stories 3
Acreage 1.060
Zoning BT-1

BrickHouse Professional Building

Marketing description

– 3-Story Mid-Century Medical & Professional Office Building

– Prime Candidate for Residential Multifamily or Student Housing Conversion

– Ideal for Owner-User Medical or Professional Office with Short-Term Leases

– Area Market Proforma Rents $21.00 / Sq. Ft. NNN for Proforma NOI $536,634

– Existing Building Support for Up to 18 Dwelling Units & 66 Bedrooms with Buildable Site Able to Support Up to 26 Total Dwelling Units with Parking Reduction

– Across from Williams Village at CU Boulder, 3 Blocks to Main Campus

– At the Intersection of Baseline Rd, 30th St & Canyon Creek Rd, All with Direct Access to the Property, Close to US 36 & on Bus Route

– Parking: 84 Spaces (3.23/1,000 Sq Ft) including 2-Story Post-Stressed Parking Structure with 29 Covered Spaces

– Recent Capital Improvements including Elevator Renewal, Refurbished Parking Structure, New Boilers, HVAC Upgrades, Landscaping, Common Area & Suite Improvements & More

Listing Contacts

MM
CO CO FA.040029628
Gibbons-White Inc
PW
CO CO FA.100007407
Gibbons-White Inc
Listed by Gibbons-White Inc

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Additional Information

Name
Michael-Ryan McCarty
License
CO FA.040029628
Brokerage
Gibbons-White, Inc.
Brokerage Phone
303-442-1040
Title
Vice President - Brokerage
Brokerage Address
2305 Canyon Boulevard
Name
Patrick Weeks
License
CO FA.100007407
Brokerage
Gibbons-White
Brokerage Phone
303-586-5935
Title
Broker Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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