Price includes over $700K of hard construction leasehold improvements. The only periodontist and endodontist in all of Summit! Good lease in place for next 3 years, but the gold is at the end of current lease. Rental rate will escalate significantly with yearly increases creating an incredible upside to this opportunity. See attached IRR. IRR assumes a $400/sf purchase price ($729,600); rent increase to $30/sf on a lease renewal April 1, 2024 anda sales price of $500/sf less a RE commission.
Surrounded by the White River National Forest and bordered by the shores of Lake Dillon, Frisco is the perfect setting for a Summit County adventure. Few quaint mountain towns also offer the scenic beauty and water recreation, such as kayaking, sailing and canoeing, that Lake Dillon provides. Its central location between Summit County and Eagle County ski areas, the hub of the free Summit Stage transit service and a world-class bike path system make Frisco a natural choice for year-round living. Additionally, boutiques, restaurants, and bars along Frisco's two retail corridors - Main Street and Summit Boulevard – provide endless options for dining, entertainment and shopping. Frisco's amenities including parks, schools, playgrounds, libraries, a historic park with 11 buildings from the original town of Dillon, marina, Nordic Skiing Center, health-care facilities and shopping are all within easy access, often by foot. Events like Frisco's Fantastic Fourth of July, Frisco Gold Rush ski race and the Colorado Barbecue Challenge combine beautiful mountain scenery, small-town atmosphere and old fashioned good times for family enjoyment.