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Ground-Floor Retail Space with Rough-In
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5 Tree Farm Drive Unit 2, Basalt, CO 81621

Shell-condition ground-floor unit with rough-in plumbing, electrical, and mechanical stubs in a 2022 mixed-use development.

Space Size2,002 SF
Days on Market148

Property Features for 5 Tree Farm Drive Unit 2

General Information

Standard status Active
Size 2,002 SF
Class A
Property subtype Office, Retail, Special Purpose
Lease Type NNN

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Amenities

on-site parking
shared community parking

Building Details

Building Size 2,002 SF
Year Built 2022
Tenancy Single

Spaces For Lease

at 5 Tree Farm Drive Unit 2 Contact us

Unit 2

Size
2,002 SF
Type
Office, Retail, Special Purpose
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: COMPASS
Listed By: Mike Mercatoris · License #FA100074443
Source: Crexi
Added: Apr 11 Changed: Sep 3 Last Checked: Aug 31 at 3:56AM

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

Investment Insights

Based on property information with market context.

Shell-condition ground-floor retail or office space for lease at Tree Farm Lofts, a 2022-built mixed-use development. The unit is approximately 2,002 SF and is designed for tenant buildout, with rough-in plumbing, electrical, and mechanical stubs already in place.

The space benefits from high-visibility frontage along Highway 82 with direct pedestrian and vehicle access. On-site parking and shared community parking are available. Tree Farm Lofts includes 196 residential units and a 122-room Hilton Tapestry Collection Hotel, along with the Kodiak Club and Residences.

Mixed-use commercial zoning in the development accommodates retail, office, medical, fitness, wellness, and professional service uses. The property is positioned directly across Highway 82 from Willits Town Center, and is steps from the RFTA Express bus stop with a pedestrian underpass connecting to Willits Town Center.

Key Highlights

  • 2,002 SF ground‑floor commercial space for lease at Tree Farm Lofts (5 Tree Farm Drive, Basalt, CO).
  • Shell‑condition unit with rough‑in plumbing, electrical, and mechanical stubs for tenant buildout.
  • Mixed‑use commercial zoning allows retail, office, medical, fitness, wellness, and professional service uses.

Property Analytics

Current Use

Retail space

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

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

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Shell-condition ground-floor unit with rough-in plumbing, electrical, and mechanical stubs in a 2022 mixed-use development.
Where is this retail space located?
The property is located at 5 Tree Farm Drive Unit 2 Basalt, CO.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 2,002 SF ground‑floor commercial space for lease at Tree Farm Lofts (5 Tree Farm Drive, Basalt, CO).; Shell‑condition unit with rough‑in plumbing, electrical, and mechanical stubs for tenant buildout.; Mixed‑use commercial zoning allows retail, office, medical, fitness, wellness, and professional service uses.
(970) 618-7092 Call to check price and availability
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