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Property profile & analytics
OFF-MARKET
Office Spaces

450 Camino Del Rio #209 Unit Durango, CO 81301

1,031 SF
Property ID
Property summary
AI-generated overview

This exceptional 1,031 square foot Class "A" office condominium in Durango, Colorado presents a compelling investment opportunity. Located on the second floor of a well-maintained building, this unit boasts stunning Animas River views and a highly desirable location within a professional office complex. Currently leased to Shield Insurance through September 30, 2025, with a three-year extension option, this property offers immediate and predictable cash flow. The lease agreement is a Triple Net (NNN) lease, with the tenant responsible for all operating expenses including CAM fees (currently $375 per month, subject to change), utilities, and real estate taxes. The current annual rent is $16,128, increasing 3% annually. The unit features attractive finishes, including floor-to-ceiling windows that maximize natural light and the river views. The layout includes two private offices and an open floor plan, providing flexibility for various professional uses. Building amenities include elevator access, a common area deck, and common area restrooms. Ample, undesignated parking is available, along with high-speed internet access. This turnkey investment property offers a rare combination of passive income, strong tenant occupancy, and a prime location in Durango's thriving professional sector. The consistently high occupancy rate of similar units in this building underscores the long-term stability and potential for appreciation. This is an ideal opportunity for investors seeking a low-maintenance, high-return investment in a desirable Colorado location.

Property profile
Verified
Property type Office Spaces
Total area 1,031 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • A Better Hearing Center Physician
  • Oak Family Dentistry, James Eich, DMD Dental Office
  • High Country Optical Inc Big Box & Wholesale Store
  • Ashley Qualls, DC Alternative Medicine Practice
  • Animas Urgent Care Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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