550 Plane St - Auto Dealership FOR SALE


Gypsum, CO 81637
$15,988,000 USD
720-529-2998
550 Plane St, Gypsum, CO for Sale
$15,988,000 USD
Auto Dealership - FOR SALE
1/2
null | Request Cap Rate

550 Plane St
Gypsum, CO 81637


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$15,988,000 USD

PRICE/SF

$457 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

181

LAND DETAILS

LAND ACRES

3.88 AC

LAND SF

169,013 SF

ZONING

-

APN/PARCEL ID

R068185

ASK ABOUT THIS PROPERTY

David LarsonLegend PartnersMore Info
720-529-2998

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David LarsonLegend PartnersMore Info
720-529-2998

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.