555 Rivergate Lane #B2-136 B2-136 Durango CO Real Estate

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 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.