Flex Space with
For Sale
Contact for pricing
4760 Castleton Way, Castle Rock, CO 80109
For sale flex space offering office space with suitability for light manufacturing and related uses.
Property Size20,962 SF
Price / SF$310.08
Days on Market181
Property Features for 4760 Castleton Way
General Information
Standard status
Active
Size
20,962 SF
Class
A
Property subtype
Office, Special Purpose
Zoning
PD
Building Details
Year Built
2004
Year Renovated
2020
Tenancy
Single
Listing Agency:
NavPoint Real Estate Group
Listed By:
Matthew Call · License #FA.100011543
(720) 420-7530
Source:
Crexi
Added: Apr 23
Changed: Oct 11
Last Checked: Oct 19 at 5:23AM
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 NavPoint Real Estate Group
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Investment Insights
Based on property information with market context.
This flex space combines office space with an industrial-ready component, positioning it for a variety of back-office and light production needs. The space has been presented as a fit for uses such as a call center, software development, and light manufacturing-related operations, including an electrical or plumbing parts store. Prior interest has been noted through a friend.
The property is offered for sale and totals 20,962 square feet.
The layout is described as providing “plenty of office space” alongside the flexibility expected for light manufacturing, making it a practical option for occupiers that need both customer-facing or administrative functions and production or parts-oriented activity under one roof.
The property is offered for sale and totals 20,962 square feet.
The layout is described as providing “plenty of office space” alongside the flexibility expected for light manufacturing, making it a practical option for occupiers that need both customer-facing or administrative functions and production or parts-oriented activity under one roof.
Key Highlights
- Year built: 2004
- Flex space includes office space suitable for light manufacturing and related uses
- Possible uses mentioned include call center, software development, or electrical/plumbing parts store
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$365,285
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,305,700
$7.3M
Cap Rate 7%
$5,218,357
$5.2M
Cap Rate 9%
$4,058,722
$4.1M
Market Conditions
NOI Build-Up for 20,962 SF
Gross rent
$586.1K $27.96/SF
− Vacancy
−$99.1K −$4.73/SF
EGI
$487.0K $23.23/SF
− OpEx
−$121.8K −$5.81/SF
NOI
$365.3K $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%
$7,305,700
Cap Rate 7%
$5,218,357
Cap Rate 9%
$4,058,722
Alternative Uses
Best Use
Office B
$5.22M
$4.57M – $6.09M
NOI $365,285 @ 7.0% cap · market cap 5.62%
Second Best
Industrial
$4.27M
$3.74M – $4.99M
NOI $299,137 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$7.20M
$6.30M – $8.40M
NOI $504,004 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
996
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80109, CO
27,148
Population
9,598
Households
2.8
Avg Household Size
36
Median Age
57%
College-Educated
98%
High-School Grad
26.0 sq mi
ZIP Area
1,044
Density / Sq Mi
$148,417
Median Household Income
$63,640
Median Earnings
$2,245
Median Rent
$648,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Flex space - For sale flex space offering office space with suitability for light manufacturing and related uses.
Where is this flex space located?
The property is located at 4760 Castleton Way Castle Rock, CO.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Year built: 2004; Flex space includes office space suitable for light manufacturing and related uses; Possible uses mentioned include call center, software development, or electrical/plumbing parts store
