450 Camino Del Rio #209 Unit Durango, CO 81301
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.
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A Better Hearing Center Physician
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Oak Family Dentistry, James Eich, DMD Dental Office
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High Country Optical Inc Big Box & Wholesale Store
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Ashley Qualls, DC Alternative Medicine Practice
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Animas Urgent Care Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.