Burbank Business Park

Off-Market

575 Burbank Street, Broomfield, CO 80020

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Flex - Industrial
  • Property Size 136,510 SF
  • Lot Size 4.92 Acre
  • Parking Spaces Avail. 122
  • Parking Ratio 0.90 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1985

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Broomfield

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 Broomfield Office Market

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

  • 2021 Avg. Asking Rent $29.37
  • 2021 Office Vacancy Rate 16.43%
  • 2021 Office Completions (SF)

Broomfield Office Sales Trends

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

  • 2021 Avg. Price per SF $240.23
  • Y-o-Y Avg. PpSF Change 37.03%
  • 2021 Office Sales Volume $353.3M
  • 2021 Number of Transactions 10
View more Broomfield market trends

Location

Getting Around

  • Walk Score ®

    64/100 Somewhat Walkable
  • Transit Score ®

    19/100 Minimal Transit
  • Bike Score ®

    65/100 Bikeable
Powered by Walk Score ®
  • City Broomfield, CO
  • Neighborhood Broomfield Professional Park
  • Zip Code 80020
  • Market Denver

Points of Interest

  • Northglenn & 112th

    7.40 miles

  • Westminster

    7.98 miles

  • Thornton Crossroads & 104th

    8.71 miles

  • 60th & Sheridan - Arvada Gold Strike

    8.82 miles

  • Olde Town Arvada

    8.82 miles

  • Original Thornton & 88th

    8.91 miles

  • Green Ride Boulder

    8.91 miles

  • Arvada Ridge

    9.27 miles

  • Clear Creek - Federal

    9.29 miles

  • Pecos Junction

    9.66 miles

  • Valero

    0.40 miles

  • Circle K

    0.40 miles

  • Shell

    0.45 miles

  • King Soopers Fuel Center

    0.55 miles

  • ChargePoint

    0.60 miles

  • Phillips 66

    1.21 miles

  • ChargePoint

    1.29 miles

  • 7-Eleven

    1.31 miles

  • Valero

    1.47 miles

  • Phillips 66

    1.76 miles

  • Disabled

    0.31 miles

  • Disabled

    0.45 miles

  • Customer

    0.48 miles

  • Electric Vehicle Charging

    0.60 miles

  • Disabled

    0.60 miles

  • Customer

    0.62 miles

  • Employee

    0.68 miles

  • Sil-Terhar Inventory Storage

    0.75 miles

  • Xcel Parking Only

    0.91 miles

  • 1340 Building

    0.92 miles

  • Wendy's

    0.26 miles

  • First Watch

    0.27 miles

  • Taco Bell

    0.28 miles

  • McDonald's

    0.31 miles

  • Brother's BBQ

    0.34 miles

  • Buenos Tiempos

    0.35 miles

  • Deli Zone

    0.38 miles

  • Noodles & Company

    0.52 miles

  • La Distileria

    0.54 miles

  • Heaven Dragon

    0.56 miles

  • King Soopers

    0.65 miles

  • Pacific Ocean Marketplace

    1.66 miles

  • Dillard's

    1.89 miles

  • Flatiron Crossing

    2.03 miles

  • Walmart Supercenter

    2.13 miles

  • Macy's

    2.14 miles

  • King Soopers

    2.26 miles

  • Kohl's

    2.41 miles

  • Sprouts Farmers Market

    2.59 miles

  • Big Lots

    2.70 miles

  • Walgreens

    0.40 miles

  • North Metro Fire Station 61

    0.67 miles

  • North Metro Fire / Rescue Station 65

    1.06 miles

  • UCHealth Broomfield Hospital

    1.10 miles

  • Children's Hospital Colorado Therapy Care, Broomfield

    1.37 miles

  • Broomfield City & County Police

    1.53 miles

  • Broomfield Police Substation

    2.04 miles

  • Station 67

    2.34 miles

  • Walgreens

    2.51 miles

  • Walgreens

    2.67 miles

Frequently Asked Questions

What is the total square footage of Burbank Business Park?

Burbank Business Park totals 136,510 square feet.

When was this property built?

Burbank Business Park was built in 1985.

What is the property tax for Burbank Business Park?

The property tax for Burbank Business Park in 2022 was $157,048.

What is the market value for Burbank Business Park?

The market value* for Burbank Business Park in 2022 was $5,792,360.
*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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