Copper Mountain Resort has 3 Available Commercial Spaces

Center Village at Copper Mountain Resort is the spot to meet other outdoor enthusiast! ?

The master plan encompasses +101,506 SF prime storefronts, restaurants, bars, storage and office space. And we have 3 spots available for lease!

Conveniently located; the resort hosts over 4 million visitors annually. ?Benefiting from multiple communities including Leadville, Frisco, Silverthorne and Vail Valley.

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Commercial Retail Market Overview (National Trends as of September 2024)

Retail (National Trends)

• Cap Rates: Plateau since March 2024, with sold retail assets reaching a median cap rate of 6.69%, a 7.32% year-over-year increase. Indicates less stability compared to the post-pandemic peak.
• Pricing: Despite high asking prices of $292.75 per SF, sold prices dropped 5.84% in September, continuing a four-month decline.
• Absorption: Demand for retail spaces remains strong, with high asking prices suggesting seller confidence.

Retail Leasing

• Lease Rates: Effective lease rates are converging with asking rates, closing at $17.32 per SF compared to landlords' median of $18.56.

Office Market Overview

• Cap Rates: Office asking cap rates fell to 7.25%, but effective cap rates rose to 7.54%.
• Pricing: Asking prices per SF slowed, reaching $245.07. Sales per SF rose to $210, a 2.5% year-over-year increase.
• Absorption: Decline in absorption to 2.46%, but shorter time on market, with listings closing in approximately 202 days.

Office Leasing

• Lease Rates: Office rents remained stable at $20/SF annually, with effective lease rates slightly up at $17.47 per SF. Mountain communities see base-rents closer to $30-$35 SF.

Lake Dillon Colorado Prime Commercial Building FOR SALE Your Mountain Real Estate Investment

Prime commercial office building available in Dillon, Colorado, offering an ideal location next to the US Post Office, a park, and just minutes from the I-70 mountain corridor. This solid, move-in-ready building features new windows and most doors, ensuring a professional, welcoming atmosphere for any business.

Move-in ready for the next owner and/or operator…

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