842 Smt Blvd Frisco, CO 80443
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 842 Smt Blvd
- Year built
- 1988
- Property type
- Commercial real estate
Description
This exceptional turnkey restaurant opportunity in Frisco, Colorado, presents a unique chance for both owner-operators and investors. Located at 842 N Summit Boulevard, Unit 19 & 20A, this commercial property boasts over $400,000 in recent restaurant improvements, making it ready for immediate operation. The space comfortably seats 50+ patrons, perfectly suited to capitalize on Frisco's thriving tourism industry, which generates over $1 billion in annual spending. The property is offered at $1,125,000 and includes a comprehensive list of furniture, fixtures, and equipment (FF&E). This is an ideal investment for an experienced restaurateur seeking a move-in ready establishment in a high-demand location. Alternatively, the property presents a strong potential for a triple-net (NNN) lease, offering investors a projected 7% capitalization rate. The property itself is a general commercial space, situated in a prime location within Frisco's bustling commercial district. The absence of land (0 acres) simplifies ownership and management. Serious inquiries are encouraged to request the detailed FF&E inventory. Don't miss this chance to own a thriving business or secure a high-yield investment in a premier Colorado mountain town.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Frisco
- County
- Summit
- State
- Colorado
- Longitude
- -106.097
- Latitude
- 39.5885
