frisco centre - loopnet...(lobby, windows, tenant improvements, electrical upgrades, signage, facade...
TRANSCRIPT
1
FRISCO CENTRE
409 & 411 E. MAIN ST, FRISCO, CO 80443
Confidential Offering Memorandum
2
Executive Summary
FRISCO CENTRE
PRICE
38,668 SF
$199.88
$548,158
1982-2013
92.6%
12 SPACES
LEASABLE SF
PRICE PSF
NOI
YEAR BUILT
OCCUPANCY
OFF-STREET PARKING
CAP RATE$7,729,000 7.09%
409 & 411 E. MAIN STREET, FRISCO, CO 80443
• Class A construction with a diversified retail & office tenant mix for long term diversification
• Current ownership has invested over $1,700,000 in capital improvements (lobby, windows, tenant improvements, electrical upgrades, signage, facade etc.)
• High barriers to new construction supply due to mountain topography
• Located within the historic shopping district of Main Street Frisco featuring unique shops and boutiques
• Summit County’s insulated retail and office market boasts a vacancy rate of 1.6%
• Seven of the current tenants have been at the Frisco Center for over 6+ years
• Positioned in the epicenter of Colorado ski country – Copper Mountain (7 miles), Breckenridge (11 miles), Keystone (14 miles), Arapahoe Basin (16 miles), Loveland (16 miles) and Vail (26 miles)
• 2019-2024 projected population growth within a 3 mile radius of 7.5% (CoStar 2019)
• Summit County & the Vail Valley see over 1,000,000 Summer visitors and 1,000,000 Winter visitors each year
• Summit County and Vail Ski Resorts see over 4,700,000 ski specific visitors each year
3
The Offering Blue West Capital is pleased to present the sale of the Frisco Centre, a 38,668 SF multi-tenant retail and office property located in the booming ski town of Frisco, Colorado. The centre features storefront retail as well as numerous office suites with tenured tenants on staggered leases.
The Subject Property The Frisco Centre is located at 409 & 411 E. Main Street in one of Summit County’s most highly trafficked local and tourist destinations. Stre-tegically located on Main Street, the Frisco Centre provides easy access to I-70, Highway 9, and is a 45 minute drive from seven surrounding ski resorts.
Frisco, CO Located about 70 miles west of Denver, the town of Frisco sits just south of Interstate 70. This historic town caters to residents and visitors who want to take advantage of year-round outdoor activites and world-class skiing. Frisco’s amenities include parks, schools, playgrounds, libraries, marina, Nordic Skiing Center, health-care facilities and shopping, are all within easy access, often by foot. The city has a thriving business environment due the location’s easy Interstate access, steady tourist influx, well-educated and motivated workers, a first-class infrastructure and a growing residential base.
INVESTMENT CONTACTS:
Tom Ethington - LeadManaging Partner
Investment Sales
720.966.1624
Robert EdwardsManaging Partner
Investment Sales
720.966.1630
Zach WrightDirector
Net Lease Investment Sales
720.966.1628
Brandon GayeskiAssociate Advisor
Invest
720.966.1627
Investment Overview
4
409 E MAIN STREET
4th & Main Hotel
E Main Street
411 E MAIN STREET
THE FRISCO CENTRE
5
409 E MAIN STREET
Frisco Workforce Center
Frisco Liquors Inc
4th & Main Hotel
E Main Street
5th Avenue4t
h Av
enue
THE FRISCO CENTRE
411 E MAIN STREET
6
Aerial
W Main St
E Main St
Su
mm
it Blvd
6
28,0
00
VP
D
Frisco’s Main StreetFrisco’s Main Street features unique shops and boutiques, offering boutique and friendly shopping options and great bars and restaurants. Main Street Frisco is the preferred destination for Summit County locals and visitors, it is the gateway to Dillon Reservoir, access to Breckenridge and Frisco Bay Marina. Frisco is the Base Camp of the Rockies. Historic Main Street and Summit Blvd are access points to the hospital and the world renowned Steadman Clinic.
45,0
00
VP
D
17,900 VPD
7
Submarket Overview
Bread + Salt
5th Avenue Grille
Butterhorn Bakery
Coldwell Banker
Colisco Wearables
Rivers Clothing Company
Snowshoe
Foote’s Rest Sweet Shoppe
Silverheels Bar & Grill
Frisco Escape Room
Stork & Bear Co
Ollie’s Pub & Grub
US Bank
Abbey’s Coffee
HighSide Brewery
Bagali’s
Rainbow Court
Frisco Lodge
Prosit
Greco’s Pastaria
Hotel Frisco Colorado
Vinny’s Restaurant
The Uptown On Main
Rebel Sports
Rocky Mountain Coffee
Moose Jaw
Lost Cajun
Cedar Lodge
Frisco Prime
Whole Foods
WalMart
SafeWay
Natural Grocers
RETAILERS IN CLOSE PROXIMITY:
8
Income & Expense
CURRENT
Price $7,729,000
Capitalization Rate 7.09%
Price Per Square Foot $199.88
Total Leased (SF) 92.6% 35,794 SF
Total Vacant (SF) 7.4% 2,874 SF
Total Rentable Area (SF) 38,668 SF
INCOME PER SQUARE FOOT
Scheduled Rent $20.02 $774,299
Expense Reimbursement $0.08 $3,058
Antenna Income $0.56 $21,600
EFFECTIVE GROSS INCOME $798,957
EXPENSES
CAM ($152,025)
Insurance ($15,044)
Property Taxes ($75,447)
Management Fee ($31,958)
TOTAL OPERATING EXPENSES ($274,474)
NET OPERATING INCOME $548,158
11
Site Plan
411 E. Main StreetFrisco, CO
409 E. Main StreetFrisco, CO
12
12'-0"9'-10"
5'-0"
9'-7"
7'-9"
21'-0"
31'-5"
19'-9"
50'-3"
39'-5"
Up
Arvada, Colorado
(303)425-7099
FRISCO MALL409 Main Street
FLOOR PLAN AS-BUILT – BASEMENT LEVELapprox. 13,798 gross sq. ft.
SIZE DATE DWG NO REV08/22/12
revised 12/20/18 A-1
SCALE 1/8" = 1'-0" SHEET 1 OF 3
Arvada, Colorado
(303)425-7099
FRISCO MALL409 Main Street
FLOOR PLAN AS-BUILT – BASEMENT LEVELapprox. 13,798 gross sq. ft.
SIZE DATE DWG NO REV08/22/12
revised 12/20/18 A-1
SCALE 1/8" = 1'-0" SHEET 1 OF 3
All dimensions shown are approximate; field measured while occupied with employees, furniture and inventory. Any exact dimension required must be field verified.
NN
B12
Up
BASEMENT LEVEL
shelving
STORAGE
xx
HWHW
Up
BOILER ROOM
com
m. b
rd.
comm. brd.
floor dra in
septic main fire sprinkler control valve
concrete 3'-2"8'-11"
7'-10"
14'-2"
4'-8"37'-0"
19'-2"
ct rubber dance floor
carpet
19'-6"
8'-3" 41'-5"
39'-3"
B1017'-10"
8'-6"
10'-3"
wor
k co
unte
r
variety of ceramic tile
6'-5"10'-10"
ELEVATOREQUIP.
14'-11"
tile
tile
slate
concrete
roofdra in
7'-7"
3'-2" 11'-0"
4'-0"
7'-5"13'-6"6'-2"6'-2"
6'-6"
13'-4"
B11
carpet
wood dance floorUp
24'-0"50'-3"
38'-5"
25'-6"
14'-5"
2x4 acoustical ceiling grid system mtd. @ 7'-11" aff w/ 2x4 fluorescent
troffers
B94'-0"
34'-0"
carpet
13'-2"
22'-4"
22'-5"
17'-9"
counter
24'-8"
7'-2"
23'-6"36'-5"
10'-10" 19'-7"10'-6"
10'-8"
wood
carpet
slate
B7
B5
B3
B1
shelves
3'-4"
7'-9"
4'-5"
pl.lam.
2x4 acoustical ceiling grid system mtd. @ 8'-1" aff w/ 2x4 fluorescent troffers
2x4 acoustical ceiling grid system mtd. @ 8'-1" aff w/
2x4 fluorescent troffers
7'-0"
HWHW
B2A B2B B2C
B2D
B2EB2F
svslate
carpet
concrete carpet painted concrete
carpet
15'-1" 12'-8" 21'-9"
9'-6"11'-6"
20'-7" 9'-9" 18'-7"
25'-2"
5'-3"
10'-11"16'-1"
13'-2"
17'-1"
70'-4"
32'-2"
2x4 acoustical ceiling grid system mtd. @ 7'-7" aff w/ 2x4 fluorescent troffers
2x4 acoustical ceiling grid system mtd. @ 7'-11" aff w/ 2x4 fluorescent
troffers
123'-0"
124'-0"
38'-9"
20'-3"
20'-0"
5'-5"
13'-3" 22'-0" 30'-0"
124'-0"
9'-3"
16'-0"
ep
pl.lam.
ELLI
OT
& S
ON
SEL
LIO
T &
SO
NS
NOTE: ONLY Suites B5, B7 & B9 revised on 12/20/18
carpetelevated dance floor w/ concrete below
19'-6"
24'-3"
2x4 acoustical ceiling grid system mtd. @ 7'-11" aff w/ 2x4 fluorescent
troffers
8'-7"
14'-10"
Floor Plan - 409 E. Main St. - Lower Level
4'-10"
20'-10"
7'-4"
bar/service counter
28'-7"
4'-6"
60'-9"
3'-10"
4'-1"
5'-4"
5'-9"
5'-4"
5'-7"
14'-7"
6'-7"
8'-0"
5'-11"
8'-7"
11'-0"
8'-1"
11'-3"
3'-8"
16'-0"
4'-4"
79'-7"
91'-0"
19'-10"
8'-6"
22'-5"
53'-7"
18'-5"
UpD
own
Arvada, Colorado
(303)425-7099
FRISCO CENTRE409 Main Street
FLOOR PLAN AS-BUILT – MAIN LEVELapprox. 14,200 gross sq. ft.
SIZE DATE DWG NO REV08/22/12
revised 12/20/18 A-1
SCALE 1/8" = 1'-0" SHEET 2 OF 3
Arvada, Colorado
(303)425-7099
FRISCO CENTRE409 Main Street
FLOOR PLAN AS-BUILT – MAIN LEVELapprox. 14,200 gross sq. ft.
SIZE DATE DWG NO REV08/22/12
revised 12/20/18 A-1
SCALE 1/8" = 1'-0" SHEET 2 OF 3
All dimensions shown are approximate; field measured while occupied with employees, furniture and inventory. Any exact dimension required must be field verified.
NN
electrical room
carpet
concrete
ct
ctslate
108
110
slate
2x4 a.c. grid mtd @ 9'-4" aff w/ 2x4 fluorescent troffers
(not all tiles installed)
105
107
51'-0"
41'-9"
13'-5"
slate
100
hardboard ceiling mtd. @ 10'-0" aff w/
recessed downlights
hard
boar
d ce
iling
mtd
. @
8'-1
" aff
w/ r
eces
sed
down
light
s
slate
carpet
carpet
36'-2"
17'-5"
UpD
own
102
21'-6"
8'-7"
16'-10"
10'-10"
4'-4"
mop sink
4'-0"
12'-5"
10'-10"10'-9"
104
28'-9"
slate
carpet
slate
carpet
101
32'-0"
57'-0"
12'-0" 20'-0"
Note: elevation change within premises & small restroom
MAIN LEVEL
9'-9"
6'-6"
5'-8"
123'-0"
124'-0"
COVERED PATIO
MALL ENTRANCE
22'-9"
20'-9"
20'-0"
5'-4"
13'-3" 22'-0" 30'-0"
124'-0"
16'-0"
ELLI
OT
& S
ON
SEL
LIO
T &
SO
NS
NOTE: ONLY Suites 102, 104, 105, 107, 108, 110 and common area restrooms revised on 12/20/18
Suite 104Storage
7'-4"
workcounter
15'-7"5'-10"
carpet20'-4"
pl.lam.
19'-7"
pl. lam.
9'-10"
17'-9"pl. lam.
carpet
carpet
12'-6"
10'-5"
10'-4"
3'-0"
carpet
6'-7"pl.lam.
pl. lam.
slight ramp up
2x4 a.c. grid mtd. @ 9'-4" aff w/ track lighting
2x4 a.c. grid mtd. @ 9'-4" aff w/ 2x4
fluorescent troffers
2x4 a.c. grid mtd. @ 9'-4" aff w/ track lighting
7'-6
" af
f pa
rtitio
ns(fi
tting
room
s)
comp. roomworkcounter
hrdbrd @ 9'-4" aff w/ 1x4 surface mtd.
troffers
6'-2"
7'-9"
tin ceiling mtd. @ 9'-8" aff w/ spotlights
U PU P
UPUP
slight ramp down
hood
ep8x8
cooler
elevated mop sink
8'-5"
12'-6"
17'-7"
12'-0"
fs
fs
12' x 8' overhead door
pl. lam.
ct
2x4 a.c. vinyl clad mtd. @ 9'-5" aff w/ 2x4
fluorescent troffers
ep
ep
10'-11"
16'-8"
pl.lam.
cntr
15'-9"
w/d
hoo
k-up
s
5'
10'-7" 4'-0"
10'-0"
13'-6"
6'-3"2x4 a.c. grid mtd. @ 9'-4" aff w/ 2x4 fluorescent troffers
concrete
13
12'-0"9'-10"
5'-0"
9'-7"
7'-9"
21'-0"
31'-5"
19'-9"
50'-3"
39'-5"
Up
Arvada, Colorado
(303)425-7099
FRISCO MALL409 Main Street
FLOOR PLAN AS-BUILT – BASEMENT LEVELapprox. 13,798 gross sq. ft.
SIZE DATE DWG NO REV08/22/12
revised 12/20/18 A-1
SCALE 1/8" = 1'-0" SHEET 1 OF 3
Arvada, Colorado
(303)425-7099
FRISCO MALL409 Main Street
FLOOR PLAN AS-BUILT – BASEMENT LEVELapprox. 13,798 gross sq. ft.
SIZE DATE DWG NO REV08/22/12
revised 12/20/18 A-1
SCALE 1/8" = 1'-0" SHEET 1 OF 3
All dimensions shown are approximate; field measured while occupied with employees, furniture and inventory. Any exact dimension required must be field verified.
NN
B12
Up
BASEMENT LEVEL
shelving
STORAGE
xx
HWHW
Up
BOILER ROOM
com
m. b
rd.
comm. brd.
floor dra in
septic main fire sprinkler control valve
concrete 3'-2"8'-11"
7'-10"
14'-2"
4'-8"37'-0"
19'-2"
ct rubber dance floor
carpet
19'-6"
8'-3" 41'-5"
39'-3"
B1017'-10"
8'-6"
10'-3"
wor
k co
unte
r
variety of ceramic tile
6'-5"10'-10"
ELEVATOREQUIP.
14'-11"
tile
tile
slate
concrete
roofdra in
7'-7"
3'-2" 11'-0"
4'-0"
7'-5"13'-6"6'-2"6'-2"
6'-6"
13'-4"
B11
carpet
wood dance floorUp
24'-0"50'-3"
38'-5"
25'-6"
14'-5"
2x4 acoustical ceiling grid system mtd. @ 7'-11" aff w/ 2x4 fluorescent
troffers
B94'-0"
34'-0"
carpet
13'-2"
22'-4"
22'-5"
17'-9"
counter
24'-8"
7'-2"
23'-6"36'-5"
10'-10" 19'-7"10'-6"
10'-8"
wood
carpet
slate
B7
B5
B3
B1
shelves
3'-4"
7'-9"
4'-5"
pl.lam.
2x4 acoustical ceiling grid system mtd. @ 8'-1" aff w/ 2x4 fluorescent troffers
2x4 acoustical ceiling grid system mtd. @ 8'-1" aff w/
2x4 fluorescent troffers
7'-0"
HWHW
B2A B2B B2C
B2D
B2EB2F
svslate
carpet
concrete carpet painted concrete
carpet
15'-1" 12'-8" 21'-9"
9'-6"11'-6"
20'-7" 9'-9" 18'-7"
25'-2"
5'-3"
10'-11"16'-1"
13'-2"
17'-1"
70'-4"
32'-2"
2x4 acoustical ceiling grid system mtd. @ 7'-7" aff w/ 2x4 fluorescent troffers
2x4 acoustical ceiling grid system mtd. @ 7'-11" aff w/ 2x4 fluorescent
troffers
123'-0"
124'-0"
38'-9"
20'-3"
20'-0"
5'-5"
13'-3" 22'-0" 30'-0"
124'-0"
9'-3"
16'-0"
ep
pl.lam.
ELLI
OT
& S
ON
SEL
LIO
T &
SO
NS
NOTE: ONLY Suites B5, B7 & B9 revised on 12/20/18
carpetelevated dance floor w/ concrete below
19'-6"
24'-3"
2x4 acoustical ceiling grid system mtd. @ 7'-11" aff w/ 2x4 fluorescent
troffers
8'-7"
14'-10"
4'-10"
20'-10"
7'-4"
bar/service counter
28'-7"
4'-6"
60'-9"
3'-10"
4'-1"
5'-4"
5'-9"
5'-4"
5'-7"
14'-7"
6'-7"
8'-0"
5'-11"
8'-7"
11'-0"
8'-1"
11'-3"
3'-8"
16'-0"
4'-4"
79'-7"
91'-0"
19'-10"
8'-6"
22'-5"
53'-7"
18'-5"
UpD
own
Arvada, Colorado
(303)425-7099
FRISCO CENTRE409 Main Street
FLOOR PLAN AS-BUILT – MAIN LEVELapprox. 14,200 gross sq. ft.
SIZE DATE DWG NO REV08/22/12
revised 12/20/18 A-1
SCALE 1/8" = 1'-0" SHEET 2 OF 3
Arvada, Colorado
(303)425-7099
FRISCO CENTRE409 Main Street
FLOOR PLAN AS-BUILT – MAIN LEVELapprox. 14,200 gross sq. ft.
SIZE DATE DWG NO REV08/22/12
revised 12/20/18 A-1
SCALE 1/8" = 1'-0" SHEET 2 OF 3
All dimensions shown are approximate; field measured while occupied with employees, furniture and inventory. Any exact dimension required must be field verified.
NN
electrical room
carpet
concrete
ct
ctslate
108
110
slate
2x4 a.c. grid mtd @ 9'-4" aff w/ 2x4 fluorescent troffers
(not all tiles installed)
105
107
51'-0"
41'-9"
13'-5"
slate
100
hardboard ceiling mtd. @ 10'-0" aff w/
recessed downlights
hard
boar
d ce
iling
mtd
. @
8'-1
" aff
w/ r
eces
sed
down
light
s
slate
carpet
carpet
36'-2"
17'-5"Up
Dow
n
102
21'-6"
8'-7"
16'-10"
10'-10"
4'-4"
mop sink
4'-0"
12'-5"
10'-10"10'-9"
104
28'-9"
slate
carpet
slate
carpet
101
32'-0"
57'-0"
12'-0" 20'-0"
Note: elevation change within premises & small restroom
MAIN LEVEL
9'-9"
6'-6"
5'-8"
123'-0"
124'-0"
COVERED PATIO
MALL ENTRANCE
22'-9"
20'-9"
20'-0"
5'-4"
13'-3" 22'-0" 30'-0"
124'-0"
16'-0"
ELLI
OT
& S
ON
SEL
LIO
T &
SO
NS
NOTE: ONLY Suites 102, 104, 105, 107, 108, 110 and common area restrooms revised on 12/20/18
Suite 104Storage
7'-4"
workcounter
15'-7"5'-10"
carpet20'-4"
pl.lam.
19'-7"
pl. lam.
9'-10"
17'-9"pl. lam.
carpet
carpet
12'-6"
10'-5"
10'-4"
3'-0"
carpet
6'-7"pl.lam.
pl. lam.
slight ramp up
2x4 a.c. grid mtd. @ 9'-4" aff w/ track lighting
2x4 a.c. grid mtd. @ 9'-4" aff w/ 2x4
fluorescent troffers
2x4 a.c. grid mtd. @ 9'-4" aff w/ track lighting
7'-6
" af
f pa
rtitio
ns(fi
tting
room
s)
comp. roomworkcounter
hrdbrd @ 9'-4" aff w/ 1x4 surface mtd.
troffers
6'-2"
7'-9"
tin ceiling mtd. @ 9'-8" aff w/ spotlights
U PU P
UPUP
slight ramp down
hood
ep8x8
cooler
elevated mop sink
8'-5"
12'-6"
17'-7"
12'-0"
fs
fs
12' x 8' overhead door
pl. lam.
ct
2x4 a.c. vinyl clad mtd. @ 9'-5" aff w/ 2x4
fluorescent troffers
ep
ep
10'-11"
16'-8"
pl.lam.
cntr
15'-9"w
/d h
ook-
ups
5'
10'-7" 4'-0"
10'-0"
13'-6"
6'-3"2x4 a.c. grid mtd. @ 9'-4" aff w/ 2x4 fluorescent troffers
concrete
Floor Plan - 409 E. Main St. - Main Level
14
12'-0"
16'-9"
12'-4"12'-9"
18'-6"
25'-0"
4'-0"4'-9"
10'-1"
22'-8"
66'-2"
20'-5"
42'-8"
28'-9"
50'-10"
5'-5"6'-3" 9'-7"
6'-10"
13'-6"
11'-3"19'-3"
11'-2"
11'-5"
8'-3"
Dow
n
Arvada, Colorado
(303)425-7099
FRISCO MALL409 Main Street
FLOOR PLAN AS-BUILT – SECOND FLOORapprox. 15,204 gross sq. ft.
SIZE DATE DWG NO REV08/22/12
revised 12/20/18 A-1
SCALE 1/8" = 1'-0" SHEET 3 OF 3
Arvada, Colorado
(303)425-7099
FRISCO MALL409 Main Street
FLOOR PLAN AS-BUILT – SECOND FLOORapprox. 15,204 gross sq. ft.
SIZE DATE DWG NO REV08/22/12
revised 12/20/18 A-1
SCALE 1/8" = 1'-0" SHEET 3 OF 3
All dimensions shown are approximate; field measured while occupied with employees, furniture and inventory. Some wall thicknesses are assumed. Any exact dimension required must be field verified.
NN
209
Dow
n
12'-5"
10'-10"10'-10"
6'-8"
SECOND FLOOR
12'-0"
220
open to below
hose
bib
X
carpet
9'-3"9'-6"
20715'-9"
pl.lam.
2x4 acoustical ceiling grid mtd. @ 9'-2" aff w/ 2x4 fluorescent troffers & recessed downlights
2x4 acoustical ceiling grid mtd. @ 9'-2" aff w/ 2x4 fluorescent troffers & recessed downlights
201
50'-10"
81'-9"
37'-0"
56'-8"
carpet
3'-11"216carpet
9'-7" 9'-7" 9'-7" 7'-0"
shelves
7'-5"
wor
k co
unte
r
8'-3"
sv
carpet
4'
13'-9"7'-5"
19'-0"
11'-8"
x-ray wall
fscv
HVA
C du
ctwo
rk
202plastic laminate “wood”
plastic laminate “wood”
2x4 acoustical ceiling grid mtd. @ 9'-11" aff w/ 2x4 fluorescent
troffers & recessed downlights (vinyl clad tiles in kitchen area)
X
2x4 acoustical ceiling grid system mtd. @ 9'-2" aff w/ 2x4 & 2x2 fluorescent troffers w/ parabolic
lenses & specialty pendants
2x4 acoustical ceiling grid system mtd. @ 9'-2" aff w/ 2x4 fluorescent troffers & wall lights
pass
-thr
u
pass-thru
10'-4" aff to bottom of fire sprinklers; no finished ceiling, no finished floor
18'-9"
open to below
open to below
123'-0"
124'-0"
ELLI
OT
& S
ON
SEL
LIO
T &
SO
NS
204
bar c
ount
er
16'-6"
golf
gam
e sc
reen
gas f
irepl
ace
ice makersoda dispn.m
op
sink
metal partition 3'-8" aff
4'-5" 6'-8"
20'-7"
carpetpl. lam.
ct
bar counter
U PU PD ND N
bar
pl. lam.
ct
14'-10"
support beams above
ct
NOTE: ONLY Suites 202, 204, 207, 220 and common area restrooms revised on 12/20/18
hardboard ceiling mtd. @ 11'-2" aff w/ specialty pendant lighting
angled wood paneled ceiling finish
20'-11"
17'-11"
ep
clerestory windows (typ)
com
p.
clos
et
7'-2"12'-4"
10'-10"
16'-3" 8'-4"
8'-3"
5' a
ff pa
rtiti
on
7'-0"
ct
ct
ct
ep
15'-5"
10'-0"
Unit G
9'-1"
Unit F
9'-10"
12'-11"
epcomp. closet
3'-11" 3'-11"
Unit H
Unit A
12'-0"10'-0"
Unit B
12'-3"
5'-2"
Unit C Unit D
13'-6"
Unit E(not ava ilable
during site visit)11'-6"
7'-2"
exposed steel studs; no drywall
Floor Plan - 409 E. Main St. - Second Level
15
12'-0"
16'-9"
12'-4"12'-9"
18'-6"
25'-0"
4'-0"4'-9"
10'-1"
22'-8"
66'-2"
20'-5"
42'-8"
28'-9"
50'-10"
5'-5"6'-3" 9'-7"
6'-10"
13'-6"
11'-3"19'-3"
11'-2"
11'-5"
8'-3"
Dow
n
Arvada, Colorado
(303)425-7099
FRISCO MALL409 Main Street
FLOOR PLAN AS-BUILT – SECOND FLOORapprox. 15,204 gross sq. ft.
SIZE DATE DWG NO REV08/22/12
revised 12/20/18 A-1
SCALE 1/8" = 1'-0" SHEET 3 OF 3
Arvada, Colorado
(303)425-7099
FRISCO MALL409 Main Street
FLOOR PLAN AS-BUILT – SECOND FLOORapprox. 15,204 gross sq. ft.
SIZE DATE DWG NO REV08/22/12
revised 12/20/18 A-1
SCALE 1/8" = 1'-0" SHEET 3 OF 3
All dimensions shown are approximate; field measured while occupied with employees, furniture and inventory. Some wall thicknesses are assumed. Any exact dimension required must be field verified.
NN
209
Dow
n
12'-5"
10'-10"10'-10"
6'-8"
SECOND FLOOR
12'-0"
220
open to below
hose
bib
X
carpet
9'-3"9'-6"
20715'-9"
pl.lam.
2x4 acoustical ceiling grid mtd. @ 9'-2" aff w/ 2x4 fluorescent troffers & recessed downlights
2x4 acoustical ceiling grid mtd. @ 9'-2" aff w/ 2x4 fluorescent troffers & recessed downlights
201
50'-10"
81'-9"
37'-0"
56'-8"
carpet
3'-11"216carpet
9'-7" 9'-7" 9'-7" 7'-0"
shelves
7'-5"
wor
k co
unte
r
8'-3"
sv
carpet
4'
13'-9"7'-5"
19'-0"
11'-8"
x-ray wall
fscv
HVA
C du
ctwo
rk
202plastic laminate “wood”
plastic laminate “wood”
2x4 acoustical ceiling grid mtd. @ 9'-11" aff w/ 2x4 fluorescent
troffers & recessed downlights (vinyl clad tiles in kitchen area)
X
2x4 acoustical ceiling grid system mtd. @ 9'-2" aff w/ 2x4 & 2x2 fluorescent troffers w/ parabolic
lenses & specialty pendants
2x4 acoustical ceiling grid system mtd. @ 9'-2" aff w/ 2x4 fluorescent troffers & wall lights
pass
-thr
u
pass-thru
10'-4" aff to bottom of fire sprinklers; no finished ceiling, no finished floor
18'-9"
open to below
open to below
123'-0"
124'-0"
ELLI
OT
& S
ON
SEL
LIO
T &
SO
NS
204
bar c
ount
er
16'-6"
golf
gam
e sc
reen
gas f
irepl
ace
ice makersoda dispn.m
op
sink
metal partition 3'-8" aff
4'-5" 6'-8"
20'-7"
carpetpl. lam.
ct
bar counter
U PU PD ND N
bar
pl. lam.
ct
14'-10"
support beams above
ct
NOTE: ONLY Suites 202, 204, 207, 220 and common area restrooms revised on 12/20/18
hardboard ceiling mtd. @ 11'-2" aff w/ specialty pendant lighting
angled wood paneled ceiling finish
20'-11"
17'-11"
ep
clerestory windows (typ)
com
p.
clos
et
7'-2"12'-4"
10'-10"
16'-3" 8'-4"
8'-3"
5' a
ff pa
rtiti
on
7'-0"
ct
ct
ct
ep
15'-5"
10'-0"
Unit G
9'-1"
Unit F
9'-10"
12'-11"
epcomp. closet
3'-11" 3'-11"
Unit H
Unit A
12'-0"10'-0"
Unit B
12'-3"
5'-2"
Unit C Unit D
13'-6"
Unit E(not ava ilable
during site visit)11'-6"
7'-2"
exposed steel studs; no drywall
Floor Plan - 411 E. Main St. - Main & Second Level
16
Anchor Tenant MixTHE NEXT PAGEThe Next Page Books & Nosh offers a great selection of books, person-alized and friendly service, knowledgeable staff, and a deep commit-ment to the local community. The adjacent cafe serves a variety of tea and coffee as well as homemade baked goods. https://www.nextpagebooks.com
THE FLYING CRANEThe Flying Crane Boutique is a women’s clothing retailer that has been a go-to destination in Summit County since 1998. The Boutique caters to all women, but specializes in comfort-based, contemorary clothing. The Flying Crane offers everything from dresses, jackets, and comfort-able shoes to fashionable accessories.http://www.theflyingcrane.com
NORRIS DESIGNEstablished in 1985, Norris Design’s strategic partnership in planning, landscape architecture and branding encompasses local, regional, national and international projects. http://www.norris-design.com
ALPINE DANCE ACADEMYAlpine Dance Academy offers Summit County quality instruction in Bal-let, Tap, Jazz, Modern, Pointe, Hip Hop, Musical Theatre Dance, Acting, Voice and Acrobaticshttp://www.alpinedanceacademy.com
OMNI REAL ESTATEOmni Real Estate is the largest independently-owned agency in Summit County, with over 20 years of mountain real estate experience, and one of the fastest growing companies in the area.http://www.omniresorts.com/frisco-omni
CORNFLOWER BOUTIQUE & GALLERYCornflower Boutique & Gallery offers a wonderful selection of women’s clothing, jewelry and gifts. The upstairs gallery showcases oil and wa-tercolor paintings, stained glass and other hand-made goods from local Colorado artists.http://www.cornflowerboutique.com
THE CLUBHOUSE TAQUERIAThe ClubHouse serves Southwestern fare, local craft beers and cock-tails in a modern, mountain-style atmosphere with a full size golf simu-lator, 12 flat-screen TVs and a pool table.http://clubhousefrisco.com
17
Summit County/Vail Valley Facts
Summer Visitors
Second Homes
Skier DaysWinter Visitors
Permanent Residents Avg. Household Income
1,000,000 1,000,000 4,700,000(Breckenridge, Vail, Beaver Creek, Keystone,
Copper Mountain & Arapahoe Basin)
30,000 66,400 $86,150
Sources: CDOT.org, Denverpost.com
18
Location Overview
FRISCO, COLORADO
WHY FRISCO?The town of Frisco’s commercial and residential growth remains unmatched by any community of its size in Colorado. Numerous restaurants, shops and hotels have opened in just the last few years. Hundreds of new residential units have been constructed, and property values have skyrocketed by nearly 100% since 1990.
Job opportunities are aplenty, especially in the thriving lodging, retail and restaurant communities. Opportunity beckons for any business operator who wants Interstate access, steady tourist influx, well-educated and motivated workers, a first-class in-frastructure and a growing residential base. In addition, Frisco offers comprehensive transportation (including the free Summit Stage bus system), as well as a multitude of recreational paths that connect you from Keystone all the way up to Vail.
Frisco is a quintessential Colorado mountain town, perched at 9,097 feet in elevation between soaring mountains and Lake Dillon, and just 90 minutes from Denver International Airport. The centralized location offers immediate access to I-70, numerous year-round activ-ities, a steady tourist influx and a growing residential base.
FRISCO IS LOCATED WITHIN A 7-40 MINUTE DRIVE OF 7 WORLD-CLASS SKI RESORTS :
7 MINUTES
15 MINUTES
20 MINUTES
20 MINUTES
25 MINUTES
30 MINUTES
40 MINUTES
19
LOCATION OVERVIEW
Direct Public & Private Flights to Eagle County Airport (1 Hour Drive) & a 1.5 Hour Drive from Denver International Airport
20
Frisco MSAFrisco MSA
Breckenridge15 Min.
Vail: 30 Min.
Dillon Marina
45,0
00
VP
D
17,900 VPD
21
Building Interior
22
Frisco MSABuilding Exterior
23
Disclaimer
This confidential Offering Memorandum has been prepared by Blue West Capital, LLC (“Blue West Capital”) foruse by a limited number of qualified parties. This Offering Memorandum has been provided to you at your request based upon your assurances that you are a knowledgeable and sophisticated investor in commercial real estate projects and developments. Blue West Capital recommends you, as a potential buyer/investor, should perform your own independent examination and inspection of the property described herein as Frisco Centre (the “Property”) and of all of the information provided herein related to the Property. By accepting this Offering Memorandum, you acknowledge and agree that you shall rely solely upon your own examination and investigation of the Property and you shall not rely on any statements made in this Offering Memorandum or upon any other materials, statements or information provided by Blue West Capital or its brokers.
Blue West Capital makes no guarantee, warranty or representation about the completeness or accuracy of theinformation set forth in this Offering Memorandum. You are responsible to independently verify its accuracyand completeness. Blue West Capital has prepared the information concerning the Property based uponassumptions relating to the general economy, its knowledge of other similar properties in the market, and onother market assumptions including factors beyond the control of the Blue West Capital and the Owner of theProperty. Blue West Capital makes no representation or warranty as to either the accuracy or completeness ofthe information contained herein, and the information set forth in this Offering Memorandum is not intended tobe a promise or representation as to the future performance of the Property. Although the information con-tained herein is believed to be accurate, Blue West Capital and the Property Owner disclaim any responsibility or liability for any inaccuracies. Further, Blue West Capital and the Property Owner disclaim any and all liabilityfor any express or implied representations and warranties contained in, or for any omissions from, the OfferingMemorandum and for any other written or oral communication transmitted or made available to you. Blue WestCapital shall make available to you, as a qualified prospective investor, additional information concerning theProperty and an opportunity to inspect the Property upon written request.
This Offering Memorandum and the contents are intended to remain confidential except for such informationwhich is in the public domain or is otherwise available to the public. By accepting this Offering Memorandum, you agree that you will hold and treat Offering Memorandum in the strictest confidence, that you will not photo-copy or duplicate it, or distribute it. You agree you will not disclose this Offering Memorandum or its contents toany other person or entity, except to outside advisors retained by you and from whom you have obtained anagreement of confidentiality, without the prior written authorization of Blue West Capital. You agree that you willuse the information in this Offering Memorandum for the sole purpose of evaluating your interest in the Property. If you determine you have no interest in the property, kindly return the Offering Memorandum to Blue West Capital at your earliest convenience.
24
Tom Ethington - LeadManaging PartnerInvestment Sales
Robert EdwardsManaging PartnerInvestment Sales
Zach WrightDirector
Net Lease Investment Sales720.966.1628
Brandon GayeskiAssociate AdvisorInvestment Sales
720.989.1031400 S Colorado Blvd, Suite 420,
Denver, CO 80246 BLUEWESTCAPITAL.COM