Address
975 N Ten Mile Drive # E7 & E 5 Frisco, CO
Price
$ 729,600
Property Attributes
  • MLS#S1020898
  • TypePending
  • CountySUMMIT
  • CityFrisco
  • AreaFrisco
  • NeighborhoodDRAKE LANDING CONDO
  • Zip80443
  • Style
  • Year Built2001
  • Taxes4420
  • Price$ 729,600
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1824
Listing Provided Courtesy Of:
Re/Max Properties/66
Property Description

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.

Price History
8/7/2020 Listed $729,600

General Features

Association Amenities Snow Removal, Trash
Business Type Professional Service
Cooling Central Air
Electric 220 Volts
Heating Central, Hot Water, Radiant
MLS Area Frisco
Mlsareaminor Frisco
Property Type Commercial Sale
Roof Asphalt
Subdivision Name DRAKE LANDING CONDO
Utilities Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Zoning Description Commercial

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Lot Size Source Owner
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 80443

Price
AVG $800K
$730K
Taxes
AVG $3,386
$4,420
Visits
AVG 8
4
Year Built
AVG 1991
2001
Walkscore
AVG 33
52
Data Provided by Walkscore ® not using MLS data

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