Property profile

699 10 Mile Dr Frisco, CO 80443

OFF-MARKET
Industrial properties
4,112 SF 2.58 ac lot Built 1979
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Property summary

AI-generated overview

This exceptional 4,112 square foot industrial warehouse, situated on a 2.58-acre lot at 699 Ten Mile Drive Unit 3, Frisco, CO, presents a rare investment opportunity. Located in the heart of Summit County, this property boasts a versatile layout ideal for a variety of uses. The main floor offers ample heated space perfect for inventory storage, a storefront, and office space. A significant advantage is the inclusion of a second-floor addition, providing extra square footage and valuable storage capacity. Currently leased to Christy Sports, the property is utilized for inventory storage and features a dual office space complete with a private bathroom. The property benefits from a strong tenant mix within the complex, including Sign Safari, G&G Roofing, Ifurnish, and Sherwin Williams, indicating a thriving commercial environment. It's important to note that the current lease agreement with Christy Sports is in place until April 2025, and must be honored by any future owner. An adjacent unit is also available for purchase, presenting a unique opportunity to acquire over 8,000 square feet of usable space, plus additional loft space, by combining both properties. This property offers significant potential for both immediate income and long-term growth in a highly desirable location. The substantial size, prime location, and existing tenant occupancy make this a compelling investment prospect.

Property profile

Verified
Property type Industrial properties
Year built 1979
Total area 4,112 SF
Lot 2.58 ac (112,385 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

699 10 Mile Dr Frisco, CO 80443
Frisco metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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