659 Tech Center Dr, Durango, CO 81301

This steel-frame, steel-siding commercial building contains three separate suites designed for flexible occupancy. Two suites are approximately 2,400 SF and one suite is approximately 1,200 SF. Each suite is separately metered for electric and gas and features its own individual HVAC heating and cooling systems, along with private half baths; one suite includes a shower. Three-phase power is available to the building, and HVAC systems are included with the sale. Water is metered to the building and allocated to tenants through a utility room with individual submeters, reconciled through CAM charges.

The property is located in the Tech Center area and is described as a well-maintained multi-tenant investment building within a city district with standard development and occupancy requirements. Parking is open and has historically accommodated tenant and customer needs. There is no HOA, and showings are by appointment only to minimize disruption to current tenants.

The current configuration supports multiple types of commercial users given the suite-by-suite utilities, private bathrooms, and dedicated HVAC. The building is currently fully occupied with leases in place with Illete Fitness and Rock Solid Granite through October 31, 2027, and scheduled 4% rent increases effective November 1. Leases include expense reimbursements structured through CAM, with taxes, snow removal, and common area costs allocated on a proportional square footage basis (currently 60/40).