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550 Plane St

35,000 SF Retail Building Gypsum, CO 81637 $22,662,510 CAD ($648 CAD/SF)

Retail Space Colorado Gypsum 550 Plane St, Gypsum, CO 81637

Investment Highlights

  • Long-Term Corporate Lease to Tesla with Annual Rent Increases
  • Rare Infill Location - Topographical Constraints Prevent Additional Development
  • 2.8 Million Visitors Per year – Popular Destination for High-Income Tourism
  • Strategic Location Adjacent to Eagle Airport-Serves the Greater Vail Valley & Aspen
  • Approximately 35 Miles from Vail Valley – 2nd Largest Single-Mountain Ski Resort in North America
  • Tesla Raised to Investment Grade Status

Executive Summary

Strategic Location in Line with Long-Term Tesla Strategy
This property is an ideal site of a Tesla Sales, Service & Delivery center in line with the company's site selection criteria. It is well situated to serve the Western Colorado market with close proximity to major tourist destinations including Vail & Aspen. Gypsum serves as a the regional retail hub for the broad trade area and is home to regional facilities for Costco, UPS, FedEx Ground, FedEx Freight, and slated to be the new regional distribution headquarters for Amazon. The site is strategically located adjacent to Eagle Airport, which is the 3rd busiest airport in Colorado and serves the greater Vail Valley and Aspen. Eagle County is exploring the expansion/improvement of Cottonwood Pass Road, giving Aspen and Roaring Fork Valley residents faster access to Eagle/Gypsum.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
35,000 SF
Building Class
B
Year Built
2023
Price
$22,662,510 CAD
Price Per SF
$648 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
3.88 AC
Parking
181 Spaces (5.17 Spaces per 1,000 SF Leased)
Frontage
310 ft on Plane Street
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PROPERTY TAXES

Parcel Number R068185 Improvements Assessment $1,784,229 CAD
Land Assessment $430,626 CAD Total Assessment $2,214,855 CAD

PROPERTY TAXES

Parcel Number
R068185
Land Assessment
$430,626 CAD
Improvements Assessment
$1,784,229 CAD
Total Assessment
$2,214,855 CAD
(720) 529-2998

Contact

  • Listing ID: 33870409

  • Date on Market: 2024-11-14

  • Last Updated:

  • Address: 550 Plane St, Gypsum, CO 81637

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550 Plane St, Gypsum, CO for sale Building Photo- Image 1 of 3
Tesla Sales, Service & Delivery - Gypsum, CO
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Tesla Sales, Service & Delivery - Gypsum, CO

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550 Plane St
(720) 529-2998 x

550 Plane St

David Larson

(720) 529-2998

(720) 529-2998

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