Frisco Laundromat | 406 Main st
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Frisco Laundromat 406 Main st
910 SF Retail Building Frisco, CO 80443 £1,800,807 (£1,979/SF) 2.90% Net Initial Yield
Investment Highlights
- Location
Executive Summary
PRIME Frisco Main Street development opportunity!! This flagship location can be developed into a 3-story retail/residential use structure utilizing the back alleyway access and unmatched storefront on Main Street Frisco with the most foot traffic of any block. Enjoy triple net rent from Laundry business and food cart until start of development. The sale includes 22 sewer taps and 6 water taps valued at $220,000. All laundry equipment (36 total machines) is included in the sale. Laundry business may be available for sale separately. Laundry financials available upon request. NDA required for information.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
£53,025
|
£58.27
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | £53,025 |
| Annual Per SF | £58.27 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Building Size
910 SF
Year Built
1960
Price
£1,800,807
Price Per SF
£1,979
Net Initial Yield
2.90%
NOI
£52,223
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Lot Size
0.16 AC
Zoning
CC - Central Core - Promote the development of Frisco's Main Street
commercial district for retail, restaurant, service,
commercial, visitor accommodation, recreation...
Parking
10 Spaces (10.99 Spaces per 1,000 SF Leased)
Frontage
53 ft on Main
Amenities
- Kiosk/Cart Space
- Wheelchair Accessible
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Frisco Laundromat
- Service type
- 910 SF
- £58.27
- NNN
- Aug 2026
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Frisco Laundromat | Service type | 910 SF | £58.27 | NNN | Aug 2026 |
Walk Score ®
Very Walkable (73)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 1102457 | Improvements Assessment | £0 (2024) |
| Land Assessment | £0 (2024) | Total Assessment | £358,567 (2024) |
PROPERTY TAXES
Parcel Number
1102457
Land Assessment
£0 (2024)
Improvements Assessment
£0 (2024)
Total Assessment
£358,567 (2024)
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Frisco Laundromat | 406 Main st
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