Description
6%+ CAP Rate in Durango CO! Excellent location for professional office use! This is a very well-constructed and finished building. This offering includes two units. The building had been occupied in the past by Mercury Payments Systems which did additional tenant finishes to an already class A space. Both units are currently occupied and would provide a great investment as-is or you could owner occupy the unit(s) as the leases turn. There is ample parking with the lot facing south for easy winter maintenance and each unit has its own HVAC. This is a single level building in excellent condition currently. With the absorption of quality office space in Durango recently, this is a great option for the next owner/investor.
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0BEDS
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1.02ACRES
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0BATHS
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21/2 BATHS
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4,207SQFT
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$261$/SQFT
School Ratings & Info
Description
6%+ CAP Rate in Durango CO! Excellent location for professional office use! This is a very well-constructed and finished building. This offering includes two units. The building had been occupied in the past by Mercury Payments Systems which did additional tenant finishes to an already class A space. Both units are currently occupied and would provide a great investment as-is or you could owner occupy the unit(s) as the leases turn. There is ample parking with the lot facing south for easy winter maintenance and each unit has its own HVAC. This is a single level building in excellent condition currently. With the absorption of quality office space in Durango recently, this is a great option for the next owner/investor.
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This data was last updated: 2021-01-17T10:56:25.743.