This ground floor tenanted retail area is for sale, currently known as This ground floor tenanted retail area is for sale, currently known as '"Base One" in the Altitude Complex at Falls Creek.
It is approximately 399 sqm of prime retail area located in the Village Bowl. The current tenant has been in place since 2003 and operates the space as a premier retail and rental store. Offering lift, lesson and rental packages and retail snow sports products.
Prime 399sqm high exposure retail trade floor space Long term/secure lease to long time experienced operator Vail Ski Resorts from 2013 on a 5 year lease term, plus 2 x 5 year options Positioned in Village Bowl beside Eagle Express chairlift with amazing ski in ski out access Guaranteed rental growth with annual fixed CPI rent increases. Landlord-favourable, Net lease terms, Tenant pays all rates site rental, service charges, and utilities Tenant responsible for external maintenance, insurance. Current passing nett rent annually $144,979.88 approx + GST. All areas and figures approx only. Rents stated are current year. Building Insurance, Land tax & Fire Services Levy are not payable by the tenant. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.