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916 N Summit Blvd - Antlers Building 2,000 SF Office/Retail Condo Unit Offered at $1,100,000 in Frisco, CO 80443
Investment Highlights
- 7.45% CAP Rate
- 100% Leased
- High Traffic Location; Ample Parking
- Single Tenant
- Easy to Manage, Pure NNN Lease
- Option to Renew Executed 15 Months Early
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 7.45% |
| Sale Type | Investment |
| Cap Rate | 7.45% |
Description
Partial first floor and entire 2nd floor. Retail and office use.
Sale Notes
916 N Summit Boulevard, Unit 1, is located in Frisco, Colorado. The improvements were constructed in 1985. It is approximately 1,917 square feet. This single tenant, commercial condominium is one 3rd of a three tenant, pad building. This Condo is leased to Luxury Mountain Retreats LLC, d/b/a Summit County Mountain Retreats (SCMR) supplying Summit County with superior property management and rental service for over 15 years. SCMR was acquired in late 2025 by a large PE backed company for approximately $43 Million Dollars. 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 $82,000 per year. The lease commenced September 1st, 2022 and expires August 31st, 2030. The Tenant has one additional options of three years each. The lease amount increases 5% per year. Because this property is essential to SCMR's core operations they decided to execute one of their options to extend the lease approximately 15 months before their lease renewal date. The 916 N Summit Blvd, Unit 1 is a perfect for a small 1031 exchange buyer with income growth that beats inflation.
The property is in great condition. The president of the HOA is the original developer of the building and has taken meticulous care of the property over the years. The building was fully painted and all exterior lighting upgraded around two years ago. They also installed a new roof around five years ago.
SCMR currently pays $82,000 per year. The lease commenced September 1st, 2022 and expires August 31st, 2030. The Tenant has one additional options of three years each. The lease amount increases 5% per year. Because this property is essential to SCMR's core operations they decided to execute one of their options to extend the lease approximately 15 months before their lease renewal date. The 916 N Summit Blvd, Unit 1 is a perfect for a small 1031 exchange buyer with income growth that beats inflation.
The property is in great condition. The president of the HOA is the original developer of the building and has taken meticulous care of the property over the years. The building was fully painted and all exterior lighting upgraded around two years ago. They also installed a new roof around five years ago.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 2,000 SF | Office/Retail | $1,100,000 ($550.00/SF) | $82,000 |
Unit 1
| Unit Size |
| 2,000 SF |
| Condo Use |
| Office/Retail |
| Price |
| $1,100,000 ($550.00/SF) |
| NOI |
| $82,000 |
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Unit 1
| Unit Size | 2,000 SF |
| Condo Use | Office/Retail |
| Price | $1,100,000 ($550.00/SF) |
| NOI | $82,000 |
| Sale Type | Investment |
| Cap Rate | 7.45% |
| Description | |
| Partial first floor and entire 2nd floor. Retail and office use.</li></ul> | |
| Sale Notes | |
| 916 N Summit Boulevard, Unit 1, is located in Frisco, Colorado. The improvements were constructed in 1985. It is approximately 1,917 square feet. This single tenant, commercial condominium is one 3rd of a three tenant, pad building. This Condo is leased to Luxury Mountain Retreats LLC, d/b/a Summit County Mountain Retreats (SCMR) supplying Summit County with superior property management and rental service for over 15 years. SCMR was acquired in late 2025 by a large PE backed company for approximately $43 Million Dollars. They have around 8,000 units under management and acquired SCMR with the intention to grow their presence in Frisco and Copper Mountain.<br> <br> SCMR currently pays $82,000 per year. The lease commenced September 1st, 2022 and expires August 31st, 2030. The Tenant has one additional options of three years each. The lease amount increases 5% per year. Because this property is essential to SCMR's core operations they decided to execute one of their options to extend the lease approximately 15 months before their lease renewal date. The 916 N Summit Blvd, Unit 1 is a perfect for a small 1031 exchange buyer with income growth that beats inflation.<br> <br> The property is in great condition. The president of the HOA is the original developer of the building and has taken meticulous care of the property over the years. The building was fully painted and all exterior lighting upgraded around two years ago. They also installed a new roof around five years ago.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
NNN Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Summit County Mountain Retreats |
-
|
Jan 0000
|
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Street
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