511 Spg Buck Rd Gypsum, CO 81637

This exceptional investment opportunity presents a 17,571 square foot, newly constructed (2023) light industrial building situated on a 2.16-acre lot in Gypsum, Colorado. The property is fully leased to CPS Distributors, a Home Depot subsidiary, under a Net-Net (NN) lease with a five-year initial term and three five-year renewal options. The lease includes rent bumps at option. The building boasts ample outdoor storage and benefits from a strong 6.00% cap rate, generating a Net Operating Income (NOI) of $350,725. The asking price is $5,850,000, translating to $332.93 per square foot. Conveniently located less than four miles from I-70 exit 140 and two miles from US Highway 6, the property enjoys excellent access to major transportation routes. Approximately 0.32 acres of undeveloped land offers significant value-add potential, allowing for expansion or additional leasing opportunities. The property's location within Gypsum's increasingly scarce light industrial zoning district provides a strategic advantage, serving a crucial role in supporting the county's thriving contractor and skilled trade base, particularly in the up-valley areas of Edwards, Avon, Beaver Creek, and Vail. This single-tenant, core investment offers a compelling combination of strong cash flow, long-term lease security, and future development potential. The property is zoned for light industrial use.