Multi-Unit Medical Office with
For Sale
Contact for pricing
1001 S Perry St, Castle Rock, CO 80104
Three connected medical office units each include an exterior entrance and 10 exam rooms with sinks.
Property Size4,822 SF
Price / SF$325.38
Days on Market115
Property Features for 1001 S Perry St
General Information
Standard status
Active
Size
4,822 SF
Property subtype
Office
Zoning
Commercial
Investment Type
Owner/User
Additional Details
Office Units
3
Building Details
Units
3
Tenancy
Multi
Listing Agency:
Hoff & Leigh Colorado Springs
Listed By:
Brett Ogden · License #100046433-FA
(719) 237-1714
Source:
Crexi
Added: Jul 3
Changed: Oct 10
Last Checked: Oct 24 at 5:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hoff & Leigh Colorado Springs
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,822-square-foot medical office offering consists of three connected units (104B, 105B, and 107B), with each unit featuring its own exterior entrance for flexible use. Unit 105B is currently vacant and available immediately, while Units 104B and 107B are leased to Redwood Medical through July 2027.
The interior is designed for clinical operations, with 10 exam rooms equipped with sinks, a lab, a nurses’ station, private offices, and a spacious waiting area. Updated interior finishes are already in place.
The property is located in a highly accessible area just south of Plum Creek Parkway on Perry Street, with direct parking lot access for patients and staff. All three units are offered together as a single purchase.
The interior is designed for clinical operations, with 10 exam rooms equipped with sinks, a lab, a nurses’ station, private offices, and a spacious waiting area. Updated interior finishes are already in place.
The property is located in a highly accessible area just south of Plum Creek Parkway on Perry Street, with direct parking lot access for patients and staff. All three units are offered together as a single purchase.
Key Highlights
- 4,822 SF medical office made up of three connected units (104B, 105B, 107B) offered together for one purchase.
- Each unit has its own exterior entrance, providing flexibility for an owner‑user or leasing strategy.
- Unit 105B is currently vacant and available immediately.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,029
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,680,580
$1.7M
Cap Rate 7%
$1,200,414
$1.2M
Cap Rate 9%
$933,656
$933.7K
Market Conditions
NOI Build-Up for 4,822 SF
Gross rent
$134.8K $27.96/SF
− Vacancy
−$22.8K −$4.73/SF
EGI
$112.0K $23.23/SF
− OpEx
−$28.0K −$5.81/SF
NOI
$84.0K $17.43/SF
Area
Douglas County, CO
Vacancy
16.90%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,680,580
Cap Rate 7%
$1,200,414
Cap Rate 9%
$933,656
Alternative Uses
Best Use
Office B
$1.20M
$1.05M – $1.40M
NOI $84,029 @ 7.0% cap · market cap 5.36%
Second Best
Healthcare Medical
$988.6K
$865.0K – $1.15M
NOI $69,203 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M
NOI $115,939 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Office units
Location Intelligence
Trade Area within ½ mile
1,010
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80104, CO
34,727
Population
13,945
Households
2.5
Avg Household Size
38
Median Age
54%
College-Educated
97%
High-School Grad
70.7 sq mi
ZIP Area
491
Density / Sq Mi
$131,359
Median Household Income
$60,982
Median Earnings
$1,816
Median Rent
$586,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Pet Vet — 959 S Plum Creek Blvd, Castle Rock, CO 80104
- Veterinarian: Jasmine Tom, DVM — 101 Briscoe St, Castle Rock, CO 80104
- Veterinarian: Albert Chai, DVM — 101 Briscoe St, Castle Rock, CO 80104
- Blue Spruce Animal Clinic — 101 Briscoe St, Castle Rock, CO 80104
Frequently Asked Questions
What type of property is this?
Medical Office Space - Three connected medical office units each include an exterior entrance and 10 exam rooms with sinks.
Where is this medical office space located?
The property is located at 1001 S Perry St Castle Rock, CO.
What is the asking price?
The asking price for this property is $1,569,000.
What are key features of this property?
This property features: 4,822 SF medical office made up of three connected units (104B, 105B, 107B) offered together for one purchase.; Each unit has its own exterior entrance, providing flexibility for an owner‑user or leasing strategy.; Unit 105B is currently vacant and available immediately.
