Description
Absolute NNN lease with over 10 years remaining on the initial 15 year lease at a 6.75% cap rate. Building is only 5 years old, sits on 1.39 acres, and has 30 parking spaces. This is true "mailbox money" with zero management responsibilities by the owner. Tenant pays all insurance, taxes, maintenance, and operating expenses.
$1,373,614
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0BEDS
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1.39ACRES
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0BATHS
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11/2 BATHS
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9,236SQFT
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$149$/SQFT
School Ratings & Info
Listing courtesy of The Wells Group of Durango, LLC: 970-259-6680.
Description
Absolute NNN lease with over 10 years remaining on the initial 15 year lease at a 6.75% cap rate. Building is only 5 years old, sits on 1.39 acres, and has 30 parking spaces. This is true "mailbox money" with zero management responsibilities by the owner. Tenant pays all insurance, taxes, maintenance, and operating expenses.
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This data was last updated: 2025-06-13T23:56:40.24.