22869 US Highway 6 - Retail FOR SALE


Keystone, CO 80435
$8,000,000 USD
720-291-6476
22869 US Highway 6, Keystone, CO for Sale
$8,000,000 USD
Retail - FOR SALE
1/11
null | 6.83% Cap Rate

22869 US Highway 6
Keystone, CO 80435


HIGHLIGHTS

  • 100% leased

OVERVIEW

Mountain View Plaza is located in Keystone, Colorado. It is approximately 21,031 square feet. The strip center is situated on approximately 2.74 Acres. This property's improvements consist of two buildings. The main building consisting of approximately19,659 square feet and the “Tower Building" of approximately 1,372 square feet. The improvements were constructed in 1982. The property is 100% leased by ten tenants. The average in place rents are $22.65 NNN compared to $40-$60 NNN in the rest of the market. The property has maintained a high-level of occupancy for the past few years and boasts national tenants such as Subway and Verizon Wireless. The subject property features unique design qualities such as large windows with natural light, covered breeze way, underground parking (currently used for storage). In addition, the Mexican restaurant, Dos Locos, has a beautiful outdoor seating area and fantastic mountain views. Mountain View Plaza provides the astute investor a quality, stabilized asset as well as significant upside in rents. This property is a once in a lifetime opportunity to own in own an investment in one of Colorado’s most renowned ski towns.

FOR SALE DETAILS

PRICE

$8,000,000 USD

PRICE/SF

$370 USD /SF

CAP RATE

6.83%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mountain View Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

134

LAND DETAILS

CROSS STREETS

Rasor Dr

LAND ACRES

2.74 AC

LAND SF

119,354 SF

ZONING

CPUD

APN/PARCEL ID

6506070

ASK ABOUT THIS PROPERTY

Alexander T. HoltzenKimose Commercial Real EstateMore Info
720-291-6476

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Alexander T. HoltzenKimose Commercial Real EstateMore Info
720-291-6476

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