Luxury Building Retail
For Sale
$575,000
80 W Main #150, Frisco, CO 80443
New retail space in luxury building with fire pit.
Property Size1,320 SF
Price / SF$435.61
Days on Market502
Property Features for 80 W Main #150
General Information
Standard status
Active
Size
1,320 SF
Property subtype
Commercial
Building Details
Year Built
2025
Listing Agency:
SLIFER SMITH & FRAMPTON - SUMMIT COUNTY
(970) 668-1550
Listed By:
JOAN MOATS
Source:
Corcoran
Added: Mar 24, 2025
Changed: Jul 10
Last Checked: Aug 7 at 2:22AM
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 SLIFER SMITH & FRAMPTON - SUMMIT COUNTY
Investment Insights
Based on property information with market context.
This 1320 square foot retail space is located in a new luxury building, presenting an opportunity for a restaurant, wellness spa, or sporting goods business. The property benefits from easy access to I-70, capturing traffic heading towards Vail or Copper Mountain. A fire pit and fitness center are located on site. The surrounding residential community consists of outdoor enthusiasts seeking adventure and relaxation. Other units are available, ranging in size from 600 to 4000 square feet.
Key Highlights
- High‑traffic location with easy I‑70 access, ideal for capturing customers heading to Vail or Copper Mountain
- Brand new, luxury building constructed in 2025
- Surrounded by a residential community of outdoor enthusiasts, providing a built‑in customer base
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
$20,291
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
3.53%
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%
$405,820
$405.8K
Cap Rate 7%
$289,871
$289.9K
Cap Rate 9%
$225,456
$225.5K
Market Conditions
NOI Build-Up for 1,320 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
$31.7K $24.00/SF
− Vacancy
−$2.7K −$2.04/SF
EGI
$29.0K $21.96/SF
− OpEx
−$8.7K −$6.59/SF
NOI
$20.3K $15.37/SF
Area
Summit County, CO
Vacancy
8.50%
Lease Rate
$24.00 /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%
$405,820
Cap Rate 7%
$289,871
Cap Rate 9%
$225,456
Alternative Uses
Best Use
Retail
$289.9K
$253.6K – $338.2K
NOI $20,291 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$26.27M
$22.99M – $30.65M
NOI $1,839,110 @ 7.0% cap · market cap 319.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
Explore this area
Business Placement
Demographics for 80443, CO
4,170
Population
5,552
Households
0.8
Avg Household Size
41
Median Age
60%
College-Educated
98%
High-School Grad
102.1 sq mi
ZIP Area
41
Density / Sq Mi
$112,179
Median Household Income
$51,450
Median Earnings
$2,542
Median Rent
$844,400
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?
Retail space - New retail space in luxury building with fire pit.
Where is this retail space located?
The property is located at 80 W Main #150 Frisco, CO.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: High‑traffic location with easy I‑70 access, ideal for capturing customers heading to Vail or Copper Mountain; Brand new, luxury building constructed in 2025; Surrounded by a residential community of outdoor enthusiasts, providing a built‑in customer base
