Customizable Flex Space For
For Sale
Contact for pricing
1008 South I-25 Unit B09, Castle Rock, CO 80104
Affordable, customizable flex space suitable for business, storage, or recreation.
Property Size1,200 SF
Price / SF$415.51
Days on Market1480
Property Features for 1008 South I-25 Unit B09
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Office, Industrial
Zoning
Light Industrial
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$39,750
Building Details
Units
37
Tenancy
Single
Listing Agency:
Personal Warehouse & Red Commercial
Listed By:
Steve Garrison · License #CO
Source:
Crexi
Added: Sep 26, 2022
Changed: Oct 1
Last Checked: Oct 12 at 8:23PM
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 Personal Warehouse & Red Commercial
Investment Insights
Based on property information with market context.
This 1200 square foot flex space offers customizable interiors and standard amenities including HVAC, power, security, and unlimited access. It is suitable for business, storage, or recreational purposes. The property is part of a small bay warehouse and incubator industry, offering a unique space ownership opportunity.
Key Highlights
- Customizable Interiors: Adapt the space to suit various needs.
- Standard Amenities: Includes HVAC, power, and security.
- Unlimited Access: Provides convenient and unrestricted access.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,125
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,500
$342.5K
Cap Rate 7%
$244,643
$244.6K
Cap Rate 9%
$190,278
$190.3K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$24.9K $20.76/SF
− Vacancy
−$448 −$0.37/SF
EGI
$24.5K $20.39/SF
− OpEx
−$7.3K −$6.12/SF
NOI
$17.1K $14.27/SF
Area
Douglas County, CO
Vacancy
1.80%
Lease Rate
$20.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,500
Cap Rate 7%
$244,643
Cap Rate 9%
$190,278
Alternative Uses
Best Use
Industrial
$244.6K
$214.1K – $285.4K
NOI $17,125 @ 7.0% cap · market cap 3.43%
Second Best
Flex RnD
$223.7K
$195.7K – $261.0K
NOI $15,658 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$412.2K
$360.7K – $480.9K
NOI $28,852 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
Under-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 Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Affordable, customizable flex space suitable for business, storage, or recreation.
Where is this flex space located?
The property is located at 1008 South I-25 Unit B09 Castle Rock, CO.
What is the asking price?
The asking price for this property is $498,614.
What are key features of this property?
This property features: Customizable Interiors: Adapt the space to suit various needs.; Standard Amenities: Includes HVAC, power, and security.; Unlimited Access: Provides convenient and unrestricted access.
