511 Spg Buck Rd Gypsum, CO 81637

Property Details for 511 Spg Buck Rd

Year built

2022

Lot size

2.16 lot acres

Property size

17,571 SF

Property type

Industrial properties

Description

This exceptional 17,571-square-foot light industrial building, constructed in 2022, presents a compelling investment opportunity in Gypsum, Colorado. Located at 511 Spring Buck Road, Unit 511, the property sits on a 2.16-acre parcel and is currently occupied by CPS Distributors under a long-term net-net (NN) lease. The lease agreement features a five-year initial term with three, five-year renewal options, providing significant income stability. CPS, a wholesale distributor of landscape supplies with no direct competitors in Eagle County, occupies the majority of the land. The landlord is responsible for property insurance and structural maintenance, while the tenant covers property taxes and general maintenance. A notable advantage is the inclusion of approximately 0.32 acres of undeveloped land, not included in the current lease. This excess acreage offers significant potential for expansion, allowing for the construction of an additional 5,000-square-foot building or generating immediate income through separate lease. The property's strategic location within Gypsum's light industrial zoning district places it at the heart of Eagle County's contractor and skilled trades base, serving the affluent up-valley communities of Edwards, Avon, Beaver Creek, and Vail. This area is uniquely positioned as the only significant land parcel in the county dedicated to this use, ensuring continued high demand and value. The combination of a strong tenant, long-term lease, and development potential makes this a rare and highly attractive investment.

Location Insight

City

Gypsum

County

Eagle

State

Colorado

Longitude

-106.911

Latitude

39.6318