1855 Shield Dr - Showroom FOR SALE


Steamboat Springs, CO 80487
$4,350,000 USD
310-344-5458
1855 Shield Dr, Steamboat Springs, CO for Sale
$4,350,000 USD
Showroom - FOR SALE
1/22
null | Request Cap Rate

1855 Shield Dr
Steamboat Springs, CO 80487


HIGHLIGHTS

  • 100% Leased Big Box Retail
  • Redevelopment Opportunity
  • Growth Area

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,350,000 USD

PRICE/SF

$332 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1855 Shield Dr

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

UTILITIES

-

CLEAR CEILING HT

10 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1.76

LAND SF

76,666

ZONING

Industrial

APN/PARCEL ID

R6818049

ASK ABOUT THIS PROPERTY

Chris SiasThe Agency Steamboat SpringsMore Info
310-344-5458

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Chris SiasThe Agency Steamboat SpringsMore Info
310-344-5458

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.