Active
450 S Camino Del Rio #209
Durango CO, 81301
$310,000
$300.68 per sqft
Active
1,031 sqft
Commercial
Listed by Scott Kurlander with Keller Williams Realty Southwest Associates, LLC 970-375-3219
One of the nicest offices in Durango overlooking the the Animas River is never vacant and a good Long term passive investment business condominium for a 1,031 sq ft professional office on the 2nd level with income. Leased to Shield Insurance through September 30, 2025 plus an option to extend for another 3 year term. Very nice finishes with floor to ceiling windows, elevator access, 2 offices plus open floor plan. Common area deck, common area restrooms, plenty of non designated parking, and high speed internet access. Leased for $1,344.00 per month NNN, ($16,128 per year Triple Net), the rent increases 3% annually on the anniversary date of the lease. This is a true Triple Net Lease and the tenant pays the C.A.M. fees currently $375.00 per month (subject to change), plus tenant pays utilities, and R.E. Taxes, making this a very passive investment in a well built quality Class "A" Building with many medical and professional offices.
820459
MLSⓇ ID
January 14, 2025
Listed
January 31, 2025
Updated
Map
450 S Camino Del Rio #209
Durango CO, 81301
Interior Features
Total Stories
1
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Other Property Details
Area Name
Durango In Town
Days on Market
17
Association Fee
Not Listed
Association Fee Frequency
Monthly
Garage
No
Parking
Paved
View
No
County
La Plata
Pool
No
Listed by Scott Kurlander with Keller Williams Realty Southwest Associates, LLC 970-375-3219
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Data last updated on: 1/31/2025