229 Continental Ct - Flex CONDO FOR SALE


Breckenridge, CO 80424
$1,100,000 USD
303-521-3648
229 Continental Ct, Breckenridge, CO for Sale
$1,100,000 USD
Flex CONDO - FOR SALE
1/27
null | 6.74% Cap Rate

229 Continental Ct
Breckenridge, CO 80424


HIGHLIGHTS

  • DEEDED OUTDOOR STORAGE
  • Easy Access to I-70 Corridor and Summit County
  • High Quality Tenant with Guarantee
  • Additional 5 year option with 3% Annual Escalations
  • 2 Drive in Loading Doors - 10'x14'

OVERVIEW

The unit is currently leased to a well-established local Landscaping Company. The tenant services all of Summit County, in all seasons, and is backed by a national private equity group. They have four plus years remaining on their current lease, with a five-year renewal option that they have indicated they intend to exercise, providing strong long-term income security. The space includes both functional warehouse and office components, and offers excellent access to I-70 and the greater Summit County area. With limited industrial inventory in the Breckenridge market and demand for service-based businesses continuing to grow, this asset presents a compelling opportunity for investors seeking stable cash flow in a premier mountain town.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$504 USD /SF

CAP RATE

6.74%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

10,000 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,600 SF

ZONING

CPUD

APN/PARCEL ID

6504758,6504759,6504760

ASK ABOUT THIS PROPERTY

Greg KnottUnique Properties, Inc.More Info
303-521-3648

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Greg KnottUnique Properties, Inc.More Info
303-521-3648

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.