511 Spring Buck Road , Gypsum, CO 81637
Gypsum, CO 81637
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.
Details
| Mls | 1010656 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Subtype | Resale |
| Status | Active |
| Year | 2022 |
| Days On Site | 23 |
| Listing Provided By | Fortius Commercial Advisors | Erich Schmidt |
Features
| Sq Feet | 17,571 |
|---|---|
| Storys | 2 |
| Zoning | Light Industrial |
| Acreage | 2.16 |
Market Activity 81637
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Learn More About This Property
| State | CO |
|---|---|
| County | Eagle |
| City | Gypsum |
| Zip Code | 81637 |
| Area | Gypsum |
| Community Name | Valley Airpark |
| Listing VS Median (in Valley Airpark) | |
Price: $5,850,000 low | high Med: $5,850,000 SqFt: 17,571 low | high Med: 17,571 $ / SqFt: $333 low | high Med: $333 On Site: 23 low | high Med: 23.000000 | |