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Key Facts

Type Industrial
Levels Commercial Sale
Size 17571 sqft
Garage No
Maintenance Fees 
Taxes $51,107
Days Active 262
Approx. Age 2022
Avg. Price Per Sqft $332
MLS® Number 1010656

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

511 Spring Buck Road is a 17, 571 SF light industrial building located in Gypsum, Colorado. The property was constructed in 2022 for CPS Distributors (''CPS''), which currently occupies the building and the majority of the parcel, on a long-term lease with a five-year initial term and three, five-year renewal options. CPS specializes in wholesale distribution of landscape supplies and does not have a direct competitor in Eagle County. The lease is structured as NN with the Tenant paying for property taxes and general maintenance of the property. The Landlord is responsible for insuring the property and certifying the roof and structure are properly maintained. The parcel totals 2.16 acres, of which approximately 0.32 acres is undeveloped and not leased by the Tenant. This excess acreage could support an additional 5, 000 square foot building, or leased as-is, providing an immediate value-add opportunity. Situated in Gypsum's light industrial zoning district, the property is surrounded by the bulk of Eagle County's contractor and skilled trade base. This is the only area in the county that has a meaningful amount of land dedicated to this use. It is a crucial part of the community, serving the needs of up-valley areas, such as Edwards, Avon, Beaver Creek and Vail, that drive the economy of the county.Show Description
MLS® Number1010656
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2022
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNatural Gas
A/C
Heating Fuel

Extras

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