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916 N Summit Blvd
Frisco, CO 80443

$1,100,000 USD

Loft Creative Space Condo For Sale  •  2,000 SF

Property Details

  • Property Type Loft Creative Space
  • Total Building Size 2,000 SF
  • Lot Size 1.36 AC
  • Building Class B
  • Year Built 1985
  • Tenancy Multiple
  • Zoning FAO
30 Transit Score
30 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1 Office 2,000 SF $1,100,000 USD
  • Unit Size: 2,000 SF
  • Condo Use: Office
  • Price: $1,100,000 USD
  • Sale Type: Investment
  • Price/SF: $550.00 USD
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.

Highlights

7.18% CAP Rate
Single Tenant
100% Leased
Easy to Manage
High Traffic Location; Ample Parking
Close Ski Resort Access; Centrally Located Amongst Five Ski Resorts in Summit County

Property Flyers

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 19
Type: Surface
Included in Rent: Yes
Camille Moniz 562-269-4844 Centennial Advisers
Camille Moniz 562-269-4844 Centennial Advisers