Building Details

Building Size 1,426 SF

Year Built 1903

Year Renovated 2005

Units 1

Listing Agency: Grand Mesa Real Estate Services Show Phone

Listed By: Lucinda Stanley Show Phone

Source: Grandmesares

Added: Oct 21 Changed: Oct 24 Last Checked: Oct 24 at 2:32PM

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Investment Insights

Based on property information with market context.

Office Suite 202 offers 1,426 square feet arranged in an open floor plan, with a kitchenette and exposed brick. The building dates to 1903 and underwent renovation in 2005.

Key Highlights

• Unit 202 contains 1,426 square feet
• Open floor plan with a kitchenette and exposed brick
• Building constructed in 1903 and renovated in 2005

Property Analytics

Current Use

Stitch A Quilt Store (Bike/Boat/Book/etc) Store Pine Needle Dry ... Clothing Store Dugan & Associates PC Law Firm Animas Property Law ... Law Firm Mcalvany Wealth Management Financial Advisor

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pet Grooming Service Storage Facility HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$2.40 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

3,006

Businesses Nearby

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

Lease Benchmarks for Durango, CO

$21.51 /SF/Yr

Avg Asking Price

$11.8–$31.76 /SF/Yr

Price Range

6,160 SF

Avg Space Size

This space is priced 26% below the average of $21.51 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Frequently Asked Questions

What type of property is this?

Office unit - The open layout includes a kitchenette alongside exposed brick finishes.

Where is this office unit located?

The property is located at 858 Main Avenue #202 Durango, CO.

What is the lease rate?

The lease rate is $1,900/Mo.

What are key features of this property?

This property features: Unit 202 contains 1,426 square feet; Open floor plan with a kitchenette and exposed brick; Building constructed in 1903 and renovated in 2005