Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    136 E Thomas Place Beaver Creek, CO 81620

    View on Map
    Claim this Listing
    For Lease
    $100 SF/Yr $29,516/Mo (calc)

    COMMERCIAL - Beaver Creek, CO

    Type:Retail
    Property size:
    3,542 SF
    Added:
    Sep 9, 2025
    Days on Market:
    242
    Last Refresh:
    May 8 at 1:06 am

    Property Features for 136 E Thomas Place

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Zoning
    Retail
    Parking features
    Underground/Basement
    Standard status
    Active
    APN
    2105-241-20-029
    Size
    3,542 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Subdivision: BEAVER CREEK HOTEL Unit: C-6 R911872 MAP 04-12-05 R911873 DEC 04-12-05
    Tax Annual Amount
    880

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    2007
    Floors in Building
    1

    We can help!

    Listing Contact
    Heather Beckett

    Listing agent Heather Beckett License #FA40019336

    Listing office Slifer Smith & Frampton- 230 Bridge Street 230 Bridge Street, Avon, CO

    Listing date Sep 9, 2025

    MLS# 1012699

    Copyright © 2026 Vail Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime ground‑floor retail space at the base of the Park Hyatt in Beaver Creek Village.
    • Direct access to the Park Hyatt, Beaver Creek's only ski‑in/ski‑out hotel.
    • High year‑round foot traffic from tourists, skiers, and locals.
    • Flexible space configurations, divisible from 3,452 to 1,017 square feet.
    • Located adjacent to the village skating rink, enhancing visibility.
    • Ideal for brands seeking exposure to an affluent, experience‑driven clientele.

    Overview

    Prime Retail Space in Beaver Creek

    Located at the base of the Park Hyatt in the heart of Beaver Creek Village, 136 East Thomas Place offers a rare opportunity to lease prime ground-floor retail space in one of Colorado's most iconic mountain destinations. The property features up to 3,452 rentable square feet, divisible to as little as 1,017 square feet, offering flexible configurations suitable for a variety of retail, boutique, or experiential concepts. Tenants benefit from direct access into the Park Hyatt, Beaver Creek's only ski-in/ski-out hotel. The location draws year-round foot traffic from tourists, skiers, and locals, and is adjacent to the village skating rink, enhancing visibility and engagement. Surrounded by luxury hospitality and seasonal attractions like skiing, hiking, and festivals, the space is ideal for brands seeking exposure to an affluent, experience-driven clientele. Immediate possession is available, and lease terms are negotiable. The property is located in Eagle County, with a postal code of 81620.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Map

    City
    Beaver Creek
    County
    Eagle
    State
    Colorado
    Longitude
    -106.515456
    Latitude
    39.604553

    FAQs

    What type of property is this?
    Retail space - Rare retail opportunity in the heart of Beaver Creek Village.
    Where is this retail space located?
    The property is located at 136 E Thomas Place Beaver Creek, CO.
    What is the lease rate?
    The lease rate is $100 SF/Yr.
    What are key features of this property?
    This property features: Prime ground‑floor retail space at the base of the Park Hyatt in Beaver Creek Village.; Direct access to the Park Hyatt, Beaver Creek's only ski‑in/ski‑out hotel.; High year‑round foot traffic from tourists, skiers, and locals.
    (970) 343-9573
    We can help!
    Listing Contact
    Heather Beckett
    Real Estate License ID: FA40019336
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    136 E Thomas Place, Beaver Creek, CO 81620
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!