Strip Mall Business
For Sale
$3,500,000
40800 US-6, Vail, CO 81657
For-sale retail strip mall in Vail, Colorado, offered as the Stone Creek Business Center.
Property Size17,447 SF
Price / SF$200.61
Days on Market55
Property Features for 40800 US-6
General Information
Standard status
Active
Size
17,447 SF
Property subtype
Shopping Strip
Amenities
Approximately 17,447 Square Feet Built in 1997 on 0.99 Acres
92.85 Percent Occupied - Most Tenants are on Net Leases with No Options Remaining
Upside Potential in Filling the Vacant 1,247 Square Foot Unit and Increasing Rents Upon Renewals - Only Two Tenants Have Options
Ferguson Enterprises (Corporate Guarantee) has Occupied 37.51 Percent of the Building Since 2012
Sherwin-Williams (Corporate Guarantee) has Occupied 22.2 Percent of the Building Since 1995
Located Off of Interstate 70 with Over 42,000 Vehicles Per Day
Building Details
Building Size
17,447 SF
Year Built
1997
Listing Agency:
Marcus & Millichap - Denver
(303) 328-2000
Listed By:
Adam Lewis · License #License(s) CO: ER100091205
(303) 328-2000
Source:
Marcusmillichap
Added: Jun 28
Changed: Aug 17
Last Checked: Aug 20 at 4:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Denver
Investment Insights
Based on property information with market context.
Stone Creek Business Center is a retail strip mall available for sale at 40800 US-6 in Vail, Colorado. The property is offered as a commercial storefront-style center within the broader retail property category, totaling 17,447 square feet.
The asset is located directly on US-6, providing straightforward access to the surrounding area. This location supports use by retail tenants seeking visibility and convenience along a major roadway.
From a tenant and operator standpoint, this type of retail strip mall configuration can accommodate a range of storefront-oriented businesses, subject to applicable leasing terms and property rules. For buyers, the listing presents a single retail center opportunity with a defined footprint and a clear business-center identity, marketed as Stone Creek Business Center for this for-sale offering at $3,500,000.
The asset is located directly on US-6, providing straightforward access to the surrounding area. This location supports use by retail tenants seeking visibility and convenience along a major roadway.
From a tenant and operator standpoint, this type of retail strip mall configuration can accommodate a range of storefront-oriented businesses, subject to applicable leasing terms and property rules. For buyers, the listing presents a single retail center opportunity with a defined footprint and a clear business-center identity, marketed as Stone Creek Business Center for this for-sale offering at $3,500,000.
Key Highlights
- Stone Creek Business Center retail strip mall in Vail, Colorado
- Year built: 1997
- Address: 40800 US‑6, Vail, CO 81657
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$244,524
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,890,480
$4.9M
Cap Rate 7%
$3,493,200
$3.5M
Cap Rate 9%
$2,716,933
$2.7M
Market Conditions
NOI Build-Up for 17,447 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$368.5K $21.12/SF
− Vacancy
−$19.2K −$1.10/SF
EGI
$349.3K $20.02/SF
− OpEx
−$104.8K −$6.01/SF
NOI
$244.5K $14.02/SF
Area
Eagle County, CO
Vacancy
5.20%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,890,480
Cap Rate 7%
$3,493,200
Cap Rate 9%
$2,716,933
Alternative Uses
Best Use
Retail
$3.49M
$3.06M – $4.08M
NOI $244,524 @ 7.0% cap · market cap 6.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.79M
$4.19M – $5.58M
NOI $334,982 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
Explore this area
Business Placement
Demographics for 81657, CO
5,114
Population
7,343
Households
0.7
Avg Household Size
39
Median Age
68%
College-Educated
99%
High-School Grad
116.5 sq mi
ZIP Area
44
Density / Sq Mi
$105,370
Median Household Income
$52,045
Median Earnings
$1,696
Median Rent
$1,048,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - For-sale retail strip mall in Vail, Colorado, offered as the Stone Creek Business Center.
Where is this strip mall located?
The property is located at 40800 US-6 Vail, CO.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Stone Creek Business Center retail strip mall in Vail, Colorado; Year built: 1997; Address: 40800 US‑6, Vail, CO 81657
