4.48 Acre Office/ Warehouse Facility 2645 Jacob Circle Steamboat Springs, CO 80487
Brokerage Disclaimer This is a confidential Memorandum intended solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of the Property. This Memorandum contains selected information pertaining to the Property and does not purport to be a representation of the state of affairs of the Property or the owners of the Property (the “Owner�), to be all-inclusive or to contain all or part of the information which prospective investors may require to evaluate a purchase of real property. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the general economy, market conditions, competition and other factors beyond the control of Colorado Group Realty, LLC. Therefore, all projections, assumptions and other information provided and made herein are subject to material variation. All references to acreages, square footages, and other measurements are approximations. Additional information and an opportunity to inspect the Property will be made available to interested and qualified prospective purchasers. In this memorandum, certain documents, including Leases and other materials, are described in summary form. These summaries do not purport to be complete nor necessarily accurate descriptions of the full agreements referenced. Interested parties are expected to review all such summaries and other documents of whatever nature independently and not rely on the contents of this Memorandum in any manner. Neither the Owner or Colorado Group Realty, LLC, nor any of their respective directors, officers, Affiliates or representatives make any representation or warranty, expressed or implied, as to the accuracy or completeness of this Memorandum or any of its contents, and no legal commitment or obligation shall arise by reason of your receipt of this Memorandum or use of its contents; and you are to rely solely on your investigations and inspections of the Property in evaluating a possible purchase of the real property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions with any entity at any time with or without notice which may arise as a result of review of this Memorandum. The Owner shall have no legal commitment or obligation to any entity reviewing this Memorandum or making an offer to purchase the Property unless and until written agreement(s) for the purchase of the Property have been fully executed, delivered and approved by the Owner and any conditions to the Owner’s obligations therein have been satisfied or waived. By receipt of this Memorandum, you agree that this Memorandum and its contents are of a confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose this Memorandum or any of its contents to any other entity without the prior written authorization of the Owner or Colorado Group Realty, LLC. You also agree that you will not use this Memorandum or any of its contents in any manner detrimental to the interest of the Owner or Colorado Group Realty, LLC. If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return this Memorandum to Colorado Group Realty, LLC.
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Introduction
TABLE OF CONTENTS EXECUTIVE SUMMARY Property Highlights Location THE PROPERTY Office Shop/Garage Development Land
PROPERTY TOURS Please schedule all property tours through listing broker and refrain from all tenant dialogue.
THE MARKET Steamboat Springs Steamboat Springs - Market Information Steamboat Springs in the Media
EXCLUSIVE MARKET CONTACT: CHRIS PAOLI Colorado Group Realty Owner/Broker 970.819.1432 Chris@mybrokers.com
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Executive Summary
P RO P E RTY O VE RVIEW O FFERIN G S U MMA R Y S A L E P RI C E :
$2,900,000
PRICE P E R S F : YE AR BU I L T : S IZ E: LO T S IZ E : Z ONI N G :
$174 2002/1984 16,687 SF 4.48 acres Ind ust ri al
Rare opportunity to own 16,687sf of flexible space on a 4.48 acre lot in Steamboat Springs. The space currently includes warehouse, shop, and office uses in addition to a large kitchen and cafeteria. There is drive-in access through 4 garage bays in two separate locations, as well as a detached 1,600 sf garage with 4 additional garage bays. The property is easily subdivideable for multiple tenants with room for future development, making this a unique investment opportunity.
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Property Highlights • Wide variety of uses: the current configuration includes a large warehouse, offices, classrooms, a shop and a kitchen/cafeteria. • Office space is designed for teams working in a collaborative environment. • Existing buildings are in excellent condition. One section was built in 1984, with a new roof in 2004. The second section was contructed in 2002.
• Easily modified for multiple tenants with separate utilties. No interior walls are load-bearing and electric and HVAC have three separate zones. • Ample power and natural gas are run to the site, and throughout the building. • 27 designated parking spaces, and vacant land allows for future development and expansion.
By The Numbers ACREAGE:
4.48 acres
S F O F O F F I C E SP A CE : 9,412 sf SF OF SHOP: 7,098 sf S F O F E X T E RI O R GA R A GE : 1,625 sf S F O F D E V E L O P M E N T LA N D : 1.3 acres P A R KI N G S P A CE S: 2 7 pl us .7 acres additional parki ng Z ONI N G : Industri al
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Location 2 645 J a c ob Ci rc l e S t e ambo at S prin gs
S t e amboat S ki Area
Your opportunity to take immediate occupancy of a relatively new, well maintained facility • Is your company ready to consolidate operations? • Are you looking for a location with room to expand? • Are you ready to run your organization in a location where you want to live? In an outdoors-oriented, family focused small town with a world class ski resort, year round recreation and great schools.
PROXIMITY TO MAJOR LANDMARKS Downtown Steamboat 3 miles Steamboat Ski Area 6 miles Yampa Valley Regional Airport 29 miles Denver 150 miles Denver International Airport 178 miles
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Location
CITIES WITH DIRECT FLIGHTS TO STEAMBOAT Denver Atlanta Newark Dallas Chicago Seattle Houston Minneapolis Los Angeles
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Office Well lit, high quality office space with tons of flexibility • Large, open rooms on the lower level are ideal for team collaboration. • Smaller, executive suites on the second level have views of the Steamboat Ski Area and surroundings. EXE C UT I V E O FFI C E S PA C E:
2, 688 s f
TEA M O FFI C ES /C A FET ER I A :
6, 742 s f
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Garage/Shop
WELDING SHOP
WAREHOUSE
WELDING SHOP
WAREHOUSE • 5,040 sf of open shop space with 3 - 10' tall garage doors. • Separate mechanical systems for heating and cooling. WELDING SHOP • 2,050 sf of shop space with 1- 8' tall garage door. • Welding shop was originally used as a training facilty; there is ample power and infrastructure for metal fabrication or other manufacturing uses. • Electric capacity adequate for welding.
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Development Land
1
.69acres
2
.57 acres
1.
Perfect for muliple uses and structures. Flat and ready to build now.
2.
Very useable area on top of a natural hill, behind existing structures. Perfect for storage, parking or other uses.
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Wh y Steamboat? St ea m b o a t S p ri n g s i s a w orl d cl as s town for vis itor s and r es idents . • Steamboat is Colorado's fifth largest ski resort based on skiable acreage and ranks second in the state for the most number of trails. • Between 280,000 and 330,000 visitors come to Steamboat Springs annually. • Eight month tourist season with balanced winter and summer seasons. • Steamboat is home to 250 retail shops, and 100 restaurants, primarily concentrated between downtown and the Ski Area. • Steamboat is investing 10 million dollars in downtown improvements to enhance the visitor and resident experience. St ea m b o a t S p ri n g s i s a w orl d cl as s place to live, wor k and play . • Premier outdoor brands Smartwool, Honey Stinger, and Big Agnes call Steamboat home. • Smartwool and the Yampa Valley Electric Association are located in large, campus type properties nearby. • The facility is near the area Steamboat Springs has designated for all future expansion of the city. • Steamboat is a marijuana friendly community. Stea m b o a t S p ri n g s h a s a n ed u cated population a n d e x c e l l e nt sch ool s. • 55.2% of Steamboat's population aged 25 and higher has attained at least a Bachelor's Degree. Routt County as a whole is 11% ahead of state figures. • The Steamboat School District has been "accredited with distinction", the state's highest rating, since 2010. Only 24 of Colorado's 178 school districts received this honor in 2014.
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Steamboat Springs - By the Numbers PO P ULA T I O N TOTA L P O P U L A T I ON :
S T E A MBOAT 1 2 ,260
R OUTT COUNTY 23,865
M EDI A N A G E :
3 8.4
37.9
M EDI A N A G E (M A LE ):
3 7.1
36.5
S T E A MBOAT
R OUTT COUNTY
HO U S EH O LD S & INC O M E
TOTA L H O U S E HOLD S: # P ER S O N S P E R HH : M ED. F A MI L Y I NCOM E : AV ER A G E H O USE VALUE:
5 ,068
9,647
2.3
2.3
$ 7 5,887 $ 6 3 8,786
$74,559 $619,280
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Steamboat Springs - Market Information LABO R FOR C E S T A T I ST I C S - R OUTT CO U N T Y 2 0 1 4 L A B O R F O R CE :
14,458
EM P L O Y E D :
13,852
U N E MP L O Y ED : U N E MP L O Y ME N T R A T E :
606 4.2%
A CCO M MO D A T I O NS - ST E A M BOAT SP RIN G S 2 0 1 4 N U MBE R O F P I LLO WS:
20,542
N U MBE R O F BE DS:
11,411
N U MBE R O F UN I T S:
3,390
Steamboat Signature Events: • • • • • • • • • • •
Winter Carnival Pro Rodeo Series Weekly Farmers Market July 4th Celebration and Parade First Friday Art Walk Free Concert Series Mustang Rally Balloon Rodeo Art In The Park Triathlon and Running Series Town Challenge Bike Race Series
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Steamboat Springs - Recent News
http://www.bou l d er weekl y.com/a rtic le -13984-skitown -usa-grow s- u p .h tml #_b l a n k
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http: //n ypost .co m/2015/03/02/stea m b oat-spring sco lo r ados-best-stop - f or - ski - sea son s- last-c all/
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Steamboat Springs - Recent News
http ://w w w. steam boattoday.com /news/2014/jul/06/riseya m p a- st re et- h ow-qui et-di r t-roa d-tur ned-chaot /
htt p://w w w.steam b o atto d ay. co m / n ews / 2 0 1 4 /o ct / 0 8 / m ovesteamboat-downtown -m akeover /
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Exc lusive Market Co ntacts
Chris Paoli
Amy Brown
Colorado Group Realty Owner/Broker 970.819.1432 Chris@mybrokers.com
Colorado Group Realty Broker Associate 970.846.2114 AmyBrown@mybrokers.com
Randi Fox
Kelly Conway
Colorado Group Realty Broker Associate 970.819.5916 Randi@mybrokers.com
Colorado Group Realty Broker Associate 970.846.7496 Randi@mybrokers.com
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