916 N Summit Blvd - Loft/Creative Space FOR SALE


Frisco, CO 80443
$1,100,000 USD
562-269-4844
916 N Summit Blvd, Frisco, CO for Sale
$1,100,000 USD
Loft/Creative Space - FOR SALE
1/5
null | 7.18% Cap Rate

916 N Summit Blvd
Frisco, CO 80443


HIGHLIGHTS

  • 7.18% CAP Rate
  • Single Tenant
  • 100% Leased
  • Easy to Manage
  • High Traffic Location; Ample Parking
  • Close Ski Resort Access; Centrally Located Amongst Five Ski Resorts in Summit County

OVERVIEW

916 N Summit Boulevard, Unit 1, is located in Frisco, Colorado. The improvements were constructed in 1985. It is about 1,917 square feet. This single tenant, commercial condominium is one-third of a three tenant, pad building. This Condo is leased to Luxury Mountain Retreats LLC, d/b/a Summit County Mountain Retreats (SCMR). SCMR was acquired in 2025 by a large PE backed company for approximately $43 Million. They have around 8,000 units under management and acquired SCMR with the intention to grow their presence in Frisco and Copper Mountain. SCMR currently pays $79,000 per year NNN. The lease then increases by $3,000 to $82,000 per year come August 31st, 2027. The tenant has three additional options of three years each. The lease amount increases 5% per year, during the option periods. 916 N Summit Blvd is perfect for a small 1031 exchange buyer with income growth that beats inflation.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

7.18%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Antlers Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,285 SF

ZONING

FAO

APN/PARCEL ID

6509447,6509450,6509451

ASK ABOUT THIS PROPERTY

Camille MonizCentennial AdvisersMore Info
562-269-4844

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Camille MonizCentennial AdvisersMore Info
562-269-4844

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