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916 N Summit Blvd - Antlers Building 2,000 SF Office Condo Unit Offered at $1,100,000 in Frisco, CO 80443
Investment Highlights
- 7.18% CAP Rate
- 100% Leased
- High Traffic Location; Ample Parking
- Single Tenant
- Easy to Manage
- Close Ski Resort Access; Centrally Located Amongst Five Ski Resorts in Summit County
Property Facts
1 Unit Available
Unit 1
| Unit Size | 2,000 SF | Sale Type | Investment |
| Price | $1,100,000 | Cap Rate | 7.18% |
| Price Per SF | $550.00 | NOI | $79,000 |
| Condo Use | Office |
| Unit Size | 2,000 SF |
| Price | $1,100,000 |
| Price Per SF | $550.00 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 7.18% |
| NOI | $79,000 |
Sale Notes
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.
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916 N Summit Blvd - Antlers Building
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