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5305 Sterling Drive

Off-Market

5305 Sterling Drive, Boulder, CO 80301

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  • Property Type Office - General Office
  • Property Size 27,381 SF
  • Lot Size 1.28 Acre
  • Parking Spaces Avail. 82
  • Parking Ratio 3.00/ 1,000 SF
  • Property Tenancy Vacant
  • Building Class C
  • Year Built 1996

Location

  • City Boulder, CO
  • Neighborhood Cottonwood Lake
  • Zip Code 80301
  • Market Denver

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 22 Mar, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Boulder

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Boulder Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $31.38
  • 2020 Office Vacancy Rate 12.22%
  • 2020 Office Completions (SF) 25,146

Boulder Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $218.91
  • Y-o-Y Avg. PpSF Change -15.05%
  • 2020 Office Sales Volume $178M
  • 2020 Number of Transactions 7
View more Boulder market trends

Tax

  • Property Tax in 2020 $107,939
  • Market Value* $4,276,000
  • Assessed Value $4,276,000

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 5305 Sterling Drive?

5305 Sterling Drive totals 27,381 square feet.

When was this property built?

5305 Sterling Drive was built in 1996.

When was 5305 Sterling Drive last sold?

5305 Sterling Drive was last sold on 22 Mar, 2021.

What is the property tax for 5305 Sterling Drive?

The property tax for 5305 Sterling Drive in 2020 was $107,939.

What is the market value for 5305 Sterling Drive?

The market value* for 5305 Sterling Drive in 2020 was $4,276,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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