Multi-Tenant Flex and Industrial
For Sale
$1,500,000
659 Tech Center Dr, Durango, CO 81301
Three well-maintained suites with separate metering and private HVAC support diversified tenant operations.
Property Size6,115 SF
Price / SF$245.30
Days on Market112
Property Features for 659 Tech Center Dr
General Information
Standard status
Active
Size
6,115 SF
Occupancy
100%
Additional Details
Heavy Power
Yes
Office Units
3
Building Details
Tenancy
Multi
Listing Agency:
The Wells Group of Durango, LLC
(970) 946-8407
Listed By:
Morgan Pavon
(970) 946-8407
Source:
Exprealty
Added: Apr 23
Changed: Aug 9
Last Checked: Aug 11 at 11:23AM
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 The Wells Group of Durango, LLC
Investment Insights
Based on property information with market context.
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).
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).
Key Highlights
- Three‑suite commercial building in the Tech Center area: two ~2,400 SF suites and one ~1,200 SF suite
- Fully occupied with established tenants (Illete Fitness and Rock Solid Granite) with leases through Oct 31, 2027
- Separate metering for electric and gas for each suite, plus individual HVAC systems (heating and cooling) and private half baths
Property Analytics
Property Profile
Current Use
Lease Details
3
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
418
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81301, CO
30,760
Population
16,548
Households
1.9
Avg Household Size
40
Median Age
58%
College-Educated
98%
High-School Grad
755.4 sq mi
ZIP Area
41
Density / Sq Mi
$83,209
Median Household Income
$41,777
Median Earnings
$1,433
Median Rent
$634,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- Strater Catering & Events — 699 Main Ave, Durango, CO 81301
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Frequently Asked Questions
What type of property is this?
Flex space - Three well-maintained suites with separate metering and private HVAC support diversified tenant operations.
Where is this flex space located?
The property is located at 659 Tech Center Dr Durango, CO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Three‑suite commercial building in the Tech Center area: two ~2,400 SF suites and one ~1,200 SF suite; Fully occupied with established tenants (Illete Fitness and Rock Solid Granite) with leases through Oct 31, 2027; Separate metering for electric and gas for each suite, plus individual HVAC systems (heating and cooling) and private half baths
