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21516 Hwy 160 Highway Durango CO Real Estate

Prime 2.04 acre Commercial property in the City limits with a 4,000 sq ft building, on US Highway160 available for $6,000 per month NNN. Located 0.5 miles from downtown Durango this property has many possibilities. The 4,070 sq ft single level versatile block building with handicap access, 3 bathrooms, and paved parking, is currently leased on a month to month basis. Previously the Shakey's Pizza Franchise Restaurant location the outdoor space on Junction Creek opens many possibilities. With CDOT Average Daily Trips exceeding 22,000 vehicle per day this is a perfect location for a restaurant that would have more parking than any other location in Durango. There are over 5 hotels on this West side of town, plus the Tech Center traffic, and all the traffic coming into town from the West with few options for breakfast, lunch, and dining. The property is Zoned 'Commercial General', and is served by a Commercial Water Tap, Durango Central Sewer, all utilities available, plus high speed internet. The Atmos Gas 12 month average billing was $184 per month, and the LaPlata Electric average monthly billing was $368 per month. The single level block building has flat roof, gas heat, 3 bathrooms, and could be easily repurposed into other use than the current retail store (see floor plan in 'Associated Docs'). Adjacent to Jiffy Lube, this close to level property and location would work well for automotive repair / parts / sales / shop, or other tenants looking for a 3+ year term with 3% annual increases. Call listing broker for details and possible tenant improvement allowance for long term lease.