$375,000
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555 Rivergate Lane #B2-136 Unit B2-136 Durango, CO 81301
Office
Residence
Beds
Baths
1,215
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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This main level RETAIL OFFICE BUSINESS CONDO in the Rivergate Complex with long term tenant is a good investment property. Large open room works well for retail, classroom training center, yoga studio, fitness center, etc. 1,215 FINISHED gross sq. ft.. Built in 2004. Rented at $1,916 per month NNN..., to a national tenant through March 31, 2024 with the right to extend. Lease is "Triple Net", plus electric utilities, plus $409.68 per month C.A.M. fees (which includes the water, sewer, trash, common area maintenance, hot water, heating & cooling), plus 1/12th of the taxes ($288.09 per month). "Class A" Commercial facility with easy access & parking, plus 2 garage spaces. Good for 1031 Deferred Tax Exchange and/or investment.
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MLS#
789236
Property Type
Office
Year Built
2004
Square Feet
1,215
sq. ft
Price per Sq. Ft.
$308.64
Stories
1.0
Sewer
Septic, Fee Paid
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