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130 Rock Point Dr

7,396 SF 100% Leased Office Building Durango, CO 81301 $2,200,000 ($297/SF)

Executive Summary

Welcome to this exceptional, fully-occupied, meticulously maintained professional office building in Durango's Tech Center, now poised to embrace a new owner/investor. Anchoring three thriving and well-respected businesses with corresponding leases that transfer to the new owner, the versatile office space within offers boundless potential for a diverse array of current and future uses. The solid CAP rate along with interior and exterior improvements, including a new rubber membrane roof in 2023, provide for an excellent investment opportunity. Located just minutes away from the scenic Overend Mountain Park and the Twin Buttes trail system, with downtown Durango a stone's throw away, this location seamlessly blends the local lifestyle of work and leisure, providing tenants with the ideal location for their business coupled with the opportunity to enjoy the luxury of hitting the trails during a lunch break. The building is all one level with ADA accessibility and plentiful parking. Located on the south rim of the Tech Center complex, this building offers south facing windows, plentiful natural light, and views of Smelter Mountain in addition to fiber optics to the building providing high-speed internet capability. DO NOT DISTURB TENANTS. All showings need to be scheduled in advance with agent.

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
7,396 SF
Building Class
B
Year Built
2000
Price
$2,200,000
Price Per SF
$297
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,396 SF
Building FAR
0.28
Land Acres
0.61 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Parking
20 Spaces (2.7 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R425053
Land Assessment
$119,780
Improvements Assessment
$416,860
Total Assessment
$536,640
  • Listing ID: 30479741

  • Date on Market: 12/29/2023

  • Last Updated:

  • Address: 130 Rock Point Dr, Durango, CO 81301

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