Gunbarrel Tech Center
7084-7088 Winchester Cir, Boulder, CO 80301
Description
This industrial/flex property located in Boulder County was purchased vacant from Emerson Electric. The property was offered for sale for $8,000,000 in 2004. Land value in the area at the time averaged $8.00/SF. Matrix Group purchased this land for $4.00/SF and the building for $0.00/SF.
Details
| Cost PSF $27.22 | Acquisition Price $1,050,000 | Sale Price / SF $68.89 |
| Acquisition Date May, 2011 | Sale Price $6,200,000 | Total Cost $2,450,000 |
| Total Project Size 90,000 SF | Add. Capital Costs $1,400,000 | Sale Date September, 2020 |