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Antlers Building 916 N Summit Blvd 5,000 SF 100% Leased Office Building Frisco, CO 80443 $1,528,989 CAD ($305.80 CAD/SF) 6.91% 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 2,000 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). 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
5,000 SF
Building Class
B
Year Built
1985
Price
$1,528,989 CAD
Price Per SF
$305.80 CAD
Cap Rate
6.91%
NOI
$105,639 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,917 SF
Building FAR
0.08
Lot Size
1.36 AC
Zoning
FAO - CO
Parking
19 Spaces (3.8 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $724,273 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $724,273 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$724,273 CAD
Total Assessment
$724,273 CAD
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Antlers Building | 916 N Summit Blvd
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