Ground-Floor Retail
New
For Lease
$35 SF/Yr CAM $10 /USD/SF/YR
5 Tree Farm Drive #1, Basalt, CO 81621
Divisible commercial premises sit within Tree Farm Lofts, near an RFTA Express Bus Stop.
Space Size1,876 SF
Days on Market3
Property Features for 5 Tree Farm Drive #1
General Information
Standard status
Active
Size
1,876 SF
Net Rentable
1,876 SF
Zoning
Commercial
Lease Type
NNN
Space & Availability
Available Space
1,876 SF
Contiguous Space
1,876 SF
Divisible
Yes
Floor
Ground
Space Use
Office
Lease Terms
Lease Rate
$35 /SF/YR
Monthly Rent
$5,471
Rent per SF/Year
$35
CAM
$10 /SF/YR
Site & Location
Highway Access
Yes
Public Transit
Yes
Listing Agency:
Compass Aspen
(970) 925-6063
Listed By:
Alex Margulies · License #100099491
(201) 264-9104
Source:
Frontierhomeandranch
Added: Oct 22
Changed: Oct 23
Last Checked: Oct 23 at 4:59PM
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 Compass Aspen
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,876-SF commercial space occupies the ground floor of Tree Farm Lofts and can be divided. The property is zoned Commercial, with retail, office, medical, fitness, wellness, and professional services identified as potential uses.
The site is on Highway 82, across from Willits Town Center, which includes Whole Foods, Element Hotel, and The Steadman Clinic. An RFTA Express Bus Stop is a short walk away, and a pedestrian underpass connects to Willits Town Center. Tree Farm Lofts includes 196 residential units, shops, offices, and a 122-room Hilton Tapestry Collection hotel.
The site is on Highway 82, across from Willits Town Center, which includes Whole Foods, Element Hotel, and The Steadman Clinic. An RFTA Express Bus Stop is a short walk away, and a pedestrian underpass connects to Willits Town Center. Tree Farm Lofts includes 196 residential units, shops, offices, and a 122-room Hilton Tapestry Collection hotel.
Key Highlights
- 1,876 SF ground‑floor commercial space, divisible
- Commercial zoning
- On Highway 82, across from Willits Town Center
Property Analytics
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Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 81621, CO
6,034
Population
3,145
Households
1.9
Avg Household Size
41
Median Age
59%
College-Educated
96%
High-School Grad
258.7 sq mi
ZIP Area
23
Density / Sq Mi
$103,721
Median Household Income
$58,008
Median Earnings
$2,220
Median Rent
$1,138,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Basalt, CO
$32.25 /SF/Yr
Avg Asking Price
$24–$35 /SF/Yr
Price Range
This space is priced 9% above the average of $32.25 /SF/Yr.
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Divisible commercial premises sit within Tree Farm Lofts, near an RFTA Express Bus Stop.
Where is this retail space located?
The property is located at 5 Tree Farm Drive #1 Basalt, CO.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 1,876 SF ground‑floor commercial space, divisible; Commercial zoning; On Highway 82, across from Willits Town Center
