1625 Mid Valley DrSteamboat Springs, CO 80487

This exceptional investment opportunity presents a 3,016 square foot storefront located within the desirable Mid Valley Business Center in Steamboat Springs, Colorado. The property, built in 1996 and situated on a two-story building, is currently operating at 100% occupancy under a triple-net (NNN) lease with a reputable tenant. The lease, commencing November 1st, 2024, and expiring November 1st, 2027, includes a 3% annual rent increase and two lease options. The asking price is $1,450,000, representing a compelling $480 per square foot and a 6.00% cap rate, with a pro-forma NOI of $87,000. The property boasts five assigned parking spaces, a convenient rear garage with an overhead door and a second-floor mezzanine. The ground floor is finished as retail space, currently configured as a commercial laundry facility, complete with walls, ceiling, flooring, and a bathroom. The upper level provides finished office space with a kitchenette. This sale is structured as a sale-leaseback, with the current owner remaining as the tenant. The property is zoned for commercial use and enjoys a prime location in the Mid Valley Business Center, offering close proximity to the Steamboat Springs ski area. This is a rare opportunity to acquire a high-performing, income-generating property in a sought-after location.