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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

Price $6,497,045 CAD
Price Per SF $496.34 CAD
Sale Type Investment
Property Type Industrial
Property Subtype
Showroom
  • General Retail Freestanding
Building Class B
Lot Size 1.76 AC
Rentable Building Area 13,090 SF
No. Stories 1
Year Built 1996
Parking Ratio 2.98/1,000 SF
Clear Ceiling Height 10’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1
Zoning Industrial
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
R6818049
Land Assessment
$443,403 CAD
Improvements Assessment
$199,985 CAD
Total Assessment
$643,387 CAD
  • Listing ID: 32877825

  • Date on Market: 2024-08-19

  • Last Updated:

  • Address: 1855 Shield Dr, Steamboat Springs, CO 80487

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