Description
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5455 Spine Road presents the opportunity to acquire a 28,240 square foot, fully leased small-bay flex/industrial asset located in the highly desirable Gunbarrel submarket of Boulder, Colorado. Situated on a 1.9-acre parcel, the property is configured into eight flexible units and currently leased to six tenants, providing stable in-place income supported by a diversified tenant roster of both national and local credit users.
Originally constructed in 1984, the building has been locally owned and professionally managed since 2016 and has maintained consistently high occupancy with historically low vacancy, reflecting strong tenant demand for small-bay industrial space in the Boulder market. The property’s flexible configuration supports a broad range of industrial and innovation-oriented uses, including R&D, light manufacturing, flex industrial, and office, which aligns with the dynamic mix of technology, aerospace, and wellness companies that operate within the Gunbarrel and greater Boulder ecosystem.
The building offers functional industrial features that are increasingly difficult to replicate within the Boulder market, including 12’–14’ clear heights, five grade-level loading doors (one per occupied bay), and two dock-high loading positions located on the west end of the building. Additional building attributes include full sprinkler coverage, substantial on-site electrical capacity, and ample on-site parking, supporting a wide range of tenant operations.
5455 Spine Road benefits from its location within Gunbarrel, one of Boulder’s primary flex and light industrial employment districts, offering convenient access to Downtown Boulder, Longmont, and the broader Front Range while remaining within the highly supply-constrained Boulder submarket. With limited new industrial development and strong tenant demand for small-bay space, the property provides investors the opportunity to acquire a rare, stabilized industrial asset within one of Colorado’s most resilient and supply-constrained markets.
With 100% occupancy, diversified tenancy, and functional industrial infrastructure, 5455 Spine Road represents a compelling opportunity for investors seeking durable in-place income with long-term appreciation potential in the Boulder industrial market, where opportunities to acquire small-bay flex assets remain extremely limited.