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1855 Shield Dr 1855 Shield Dr 13,090 SF 100% Leased Industrial Building Steamboat Springs, CO 80487 $4,700,000 ($359.05/SF)



Investment Highlights
- 100% Leased Big Box Retail
- Growth Area
- Redevelopment Opportunity
Executive Summary
1855 Shield Drive is a 100% leased investment property with significant redevelopment potential. Sitting on 1.76 acres, this 13,090 square foot retail building is zoned industrial with big box retail allowed. iFurnish occupies approximately 84% of the space, with a NNN lease in place. Interiors with Altitude occupies the remainder of the space. There is covered loading area with roll-up door at the rear and surface parking for thirty-nine cars. The property is located on the west side of Steamboat in a growth area. Neighbors include the mixed-use Basecamp project with apartments, town homes and commercial space, Curve Plaza with restaurants and retail, Ace Hardware, and a variety of other vibrant business and residential developments. AADT traffic counts on the east side of the nearby intersection of US 40 and CO 129 are 24,000. Industrial zoning allows a variety of uses by right and re-zoning may be possible in conjunction with redevelopment. Please contract listing broker for financials and to arrange showings.
Property Facts
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R6818049 | Improvements Assessment | $144,670 |
| Land Assessment | $320,760 | Total Assessment | $465,430 |
Property Taxes
Parcel Number
R6818049
Land Assessment
$320,760
Improvements Assessment
$144,670
Total Assessment
$465,430
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1855 Shield Dr | 1855 Shield Dr
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