Downtown Castle Rock Retail
20 Wilcox St Castle Rock, CO
20 Wilcox St, Castle Rock, CO, 00000
Contact for pricing
For Sale
Contact for pricing
Retail space in a prime, high-traffic Castle Rock location.
Property Size2,113 SF
Lot Size2.08 Acres
Price / SF$662.57
Days on Market638
Property Features for 20 Wilcox St
General Information
- Standard status
- Active
- Size
- 2,113 SF
- Lot size
- 2.08 Acres
- Property subtype
- SPECIALTY
Listing Agency
Cresa | Denver
(303) 588-4301
Listed by
Justin Hubler
(303) 588-4301
Source
Moodyscre
Added: Oct 21, 2024 Updated: Jul 6 at 9:19 am Checked: Jul 19 at 5:32 am
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 Cresa | Denver
Investment Insights
Based on property information with market context.
Located in downtown Castle Rock, the fastest growing city in the nation, this large retail space is situated in the Encore building, benefiting from heavy foot traffic throughout the week. The property is currently configured for use as a hair salon. The space offers potential for various retail or office uses.
Key Highlights
- Prime location in Downtown Castle Rock.
- Located in the Encore building with heavy foot traffic.
- Large office retail space.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.6k | $30.12 |
| − Vacancy | −$1.5k | −$0.69 |
| EGI | $62.2k | $29.43 |
| − OpEx | −$18.7k | −$8.83 |
| NOI | $43.5k | $20.60 |
2,113 SF · lease $30.12/SF/yr · vacancy 2.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$621.8K
$544.1K – $725.4K
NOI $43,526 @ 7.0% cap · market cap 3.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$725.8K
$635.1K – $846.7K
NOI $50,804 @ 7.0% cap · market cap 3.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
SemaConnect Charging Station
Electric Vehicle Charging Station
The Skin Company
Spa & Massage Center
Paczosa And Associates
Tax Preparation
Fidelis Wealth Advisors
Financial Advisor
Land Title Guarantee ...
Title Company
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FAQs
What type of property is this?
Retail space - Retail space in a prime, high-traffic Castle Rock location.
Where is this retail space located?
The property is located at 20 Wilcox St Castle Rock, CO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Prime location in Downtown Castle Rock.; Located in the Encore building with heavy foot traffic.; Large office retail space.
