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Customizable Flex Space Available
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1010 I-25, Castle Rock, CO 80104

Affordable, customizable space for business, storage, or recreation.

Property Size1,000 SF
Price / SF$410.26
Days on Market1036

Property Features for 1010 I-25

General Information

Standard status Active
Size 1,000 SF
Property subtype Office, Industrial
Zoning Light Industrial
Lease Type NNN

Building Details

Units 37
Listing Agency: Personal Warehouse & Red Commercial
Listed By: Steve Garrison · License #CO
Source: Crexi
Added: Dec 6, 2023 Changed: Sep 26 Last Checked: Oct 5 at 7:28PM

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 flex space offers customizable interiors and standard amenities including HVAC, power, security, and unlimited access. The property provides an opportunity to own a unique space suitable for business, storage, or recreational purposes. With 1000 square feet available, the property is located in Castle Rock, CO. It is part of a small bay warehouse and incubator industry.

Key Highlights

  • Customizable interiors to suit various needs (business, storage, fun).
  • Standard amenities included: HVAC, power, and security.
  • Unlimited access to the property.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,270
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,400 $285.4K
Cap Rate 7%
$203,857 $203.9K
Cap Rate 9%
$158,556 $158.6K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$20.8K $20.76/SF
− Vacancy
−$374 −$0.37/SF
EGI
$20.4K $20.39/SF
− OpEx
−$6.1K −$6.12/SF
NOI
$14.3K $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%
$285,400
Cap Rate 7%
$203,857
Cap Rate 9%
$158,556

Alternative Uses

Best Use
Industrial
$203.9K
$178.4K – $237.8K (±1% cap)
NOI $14,270 @ 7.0% cap · market cap 3.48%
Second Best
Flex RnD
$186.4K
$163.1K – $217.5K (±1% cap)
NOI $13,049 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$343.5K
$300.6K – $400.7K (±1% cap)
NOI $24,044 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Location Intelligence

Trade Area within ½ mile

1,620
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • Stack'd Food Truck — 107 E Wolfensberger Rd, Castle Rock, CO 80109
  • Plum Creek Catering — 1605. N, Park St, Castle Rock, CO 80109

Frequently Asked Questions

What type of property is this?
Flex space - Affordable, customizable space for business, storage, or recreation.
Where is this flex space located?
The property is located at 1010 I-25 Castle Rock, CO.
What is the asking price?
The asking price for this property is $410,262.
What are key features of this property?
This property features: Customizable interiors to suit various needs (business, storage, fun).; Standard amenities included: HVAC, power, and security.; Unlimited access to the property.
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