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Antlers Building 916 N Summit Blvd 2,000 SF 100% Leased Office Building Frisco, CO 80443 $1,100,000 ($550/SF) 7.18% Cap Rate
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
Executive Summary
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.
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.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
2,000 SF
Building Class
B
Year Built
1985
Price
$1,100,000
Price Per SF
$550
Cap Rate
7.18%
NOI
$79,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,000 SF
Building FAR
0.03
Lot Size
1.36 AC
Zoning
FAO - CO
Parking
19 Spaces (9.5 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $529,250 | |
| Land Assessment | $0 | Total Assessment | $529,250 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$529,250
Total Assessment
$529,250
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Antlers Building | 916 N Summit Blvd
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