Single-Tenant Retail Logistics
550 PLANE ST Gypsum, CO 81637
550 PLANE ST, Gypsum, CO, 81637
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For Sale
Contact for pricing
Corporate net lease to Tesla with annual rental escalations for a regional retail and logistics hub near Eagle Airport.
Property Size35,000 SF
Price / SF$468.20
Days on Market85
Property Features for 550 PLANE ST
General Information
- Standard status
- Active
- Size
- 35,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing agency
ParaSell Inc
(949) 942-6585
Listed by
Scott Reid · License #GA - 77666
Source
Crexi
Added: Apr 28 Updated: Jul 21 at 6:36AM Checked: Jul 21 at 6:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ParaSell Inc
Investment Insights
Based on property information with market context.
This single-tenant retail logistics facility is offered for sale under a corporate net lease to Tesla, with annual rental escalations. The property is positioned to serve as a regional retail and logistics hub.
The remarks describe the asset as approximately 35 miles from Vail and adjacent to Eagle Airport, which serves the greater Vail Valley and Aspen. The surrounding area is referenced as home to regional facilities for Costco, UPS, FedEx, and more.
Additional area metrics included in the offering materials state that 67% of airport passengers earn $200,000+ annually, with average household income of $142,601 within a 15-mile radius.
The remarks describe the asset as approximately 35 miles from Vail and adjacent to Eagle Airport, which serves the greater Vail Valley and Aspen. The surrounding area is referenced as home to regional facilities for Costco, UPS, FedEx, and more.
Additional area metrics included in the offering materials state that 67% of airport passengers earn $200,000+ annually, with average household income of $142,601 within a 15-mile radius.
Key Highlights
- Year built 2023
- Corporate net lease to Tesla
- Annual rental escalations included
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $739.2k | $21.12 |
| − Vacancy | −$38.4k | −$1.10 |
| EGI | $700.8k | $20.02 |
| − OpEx | −$210.2k | −$6.01 |
| NOI | $490.5k | $14.02 |
35,000 SF · lease $21.12/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$7.01M
$6.13M – $8.18M
NOI $490,533 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.60M
$8.40M – $11.20M
NOI $672,000 @ 7.0% cap · market cap 4.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Corporate net lease to Tesla with annual rental escalations for a regional retail and logistics hub near Eagle Airport.
Where is this retail space located?
The property is located at 550 PLANE ST Gypsum, CO.
What is the asking price?
The asking price for this property is $16,387,000.
What are key features of this property?
This property features: Year built 2023; Corporate net lease to Tesla; Annual rental escalations included
