555 Rivergate Lane #B2-136 Durango CO Real Estate

This main level RETAIL OFFICE BUSINESS CONDO in the Rivergate Complex with tenant is a good investment property. Currently used as a medical lab with sinks and cabinetry, it is a large open room with 3/4 handicap ADA bath (includes a shower), and break room, that works well for medical office, retail, classroom training center, yoga studio, fitness center, etc. 1,215 FINISHED gross sq. ft.. Built in 2004. Rented at $1,973.48 per month NNN, to 'LAB CORP' who a national medical tenant through March 31, 2024 with the right to extend. Lease is 'Triple Net', plus electric utilities, plus tenant pays $417.88 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 ($346.43 per month). 'Class A' Commercial facility with easy access & parking, plus 2 garage spaces. Good for 1031 Deferred Tax Exchange and/or investment.