Industrial Property for Sale in Boulder, CO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Boulder, CO 80301
  • Year built: 1974

Description

Marcus & Millichap is pleased to present this exclusive listing for 1845 Range Street, 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 $19 per square foot NNN. Current CAM is estimated at $7-9 SF. Investment Highlights: • 15,320 SF Multi-Tenant Industrial Building in Boulder, Colorado • Sturdy, Low-Maintenance Masonry-Steel Frame Construction • Seven Roll-Up Doors, Temporary Walls, Easily Subdividable • 9,000 AMP Three-Phase Power, 10+ HVAC Units, Six Bathrooms • 82 Percent Vacant, Perfect for Owner-User • For Lease at $19/SF NNN, Estimated CAM $7-8/SF • 10 Percent Cap Rate if 100 Percent Occupied at $19/SF NNN

Market Context

This industrial in Boulder, CO is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1974. It has been on the market for 67 days. Compare it against other industrial listings for sale in Boulder, CO — <a href="/search/sale/industrial/colorado/boulder">view the full market</a>.

As of Q1 2026, the Denver industrial market showed a 9.1% vacancy rate, average asking rents near $9.76/SF/yr, rents up 8.2% year over year, and cap rates around 7.5%. Source: Consensus Q1 2026 market report.

Its 1.0% asking cap rate is below the Denver industrial market average of about 7.5%, reflecting premium pricing relative to comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Industrial market FAQ

What is the typical cap rate for industrial in Denver?
About 7.5% as of Q1 2026, per Consensus.
Is the Denver industrial market tightening or softening?
Vacancy is around 9.1%, with asking rents rising year over year (Q1 2026).

Unified Estimate

Very Low Confidence

$117.43/SF – $158.87/SF

Mid: $138.15/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market cleveland (similarity: 97%) with 20 comparable listings.

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