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Freestanding Retail Center in Castle Rock

78 E Allen St Castle Rock, CO

78 E Allen St, Castle Rock, CO, 00000
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100% leased retail center with diversified tenant mix.

Property Size7,234 SF
Lot Size1.12 Acres
Price / SF$510.27
AddedJun 30, 2025
Days on Market381
Last RefreshMay 20 at 9:59 pm

Property Features for 78 E Allen St

General Information

Standard status
Active
Size
7,234 SF
Lot size
1.12 Acres
Property subtype
RETAIL

Listing office SRS Real Estate Partners | Denver

Listing date Jun 30, 2025

Source Moodyscre

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 SRS Real Estate Partners | Denver


Investment Insights

Based on property information with market context.

This is a 7,234 square foot, 100% leased, freestanding retail center located in Castle Rock, Colorado, within the Denver MSA. The property features a diversified tenant mix that includes restaurant, fitness, and government tenants. The tenants operate under leases which are NNN in nature, with the exception of the Marine Corps. One of the tenants is QDOBA, a fast-casual Mexican restaurant with approximately 800 locations across the U.S., Canada, and Puerto Rico.

Key Highlights

  • 100% leased, providing immediate income.
  • Diversified, internet‑resistant tenant mix including Restaurant, Fitness, and Government tenants.
  • NNN leases (excluding Marine Corps) limit expense leakage.

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 $217.9k $30.12
− Vacancy −$5.0k −$0.69
EGI $212.9k $29.43
− OpEx −$63.9k −$8.83
NOI $149.0k $20.60
7,234 SF · lease $30.12/SF/yr · vacancy 2.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$2.13M
$1.86M – $2.48M (±1% cap)
NOI $149,014 @ 7.0% cap · market cap 4.04%
Second Best
Specialty Retail
$2.12M
$1.85M – $2.47M (±1% cap)
NOI $148,360 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$2.48M
$2.17M – $2.90M (±1% cap)
NOI $173,932 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Yard Office for Car/Truck ... Corporate Office Base Camp Cyclery (Bike/Boat/Book/etc) Store Zaika Indian Cuisine ... Restaurant Liberty Mutual Car ... Financial Advisor QDOBA Mexican Eats Restaurant

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store HVAC Service Garden Center Barber Shop (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Grocery & Convenience Store Wine and Liquor Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Milestone Crossing — 4773 Milestone Ln, Castle Rock, CO 80104
  • Milestone — Milestone Ave, Castle Rock, CO 80104

FAQs

What type of property is this?
Shopping center - 100% leased retail center with diversified tenant mix.
Where is this shopping center located?
The property is located at 78 E Allen St Castle Rock, CO.
What is the asking price?
The asking price for this property is $3,691,307.
What are key features of this property?
This property features: 100% leased, providing immediate income.; Diversified, internet‑resistant tenant mix including Restaurant, Fitness, and Government tenants.; NNN leases (excluding Marine Corps) limit expense leakage.
Contact an agent
(210) 303-3149 Call to check price and availability
More about this property
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