1010 Interstate 25 Castle Rock, CO 80104
- Warehouses
- 1,250 SF
Current Use by Public Records
- Warehouses
Property Details for 1010 Interstate 25
- Property size
- 1,250 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a pre-leased, 1,250 square foot flex/warehouse unit located at 1010 S Interstate 25 Unit A05, Castle Rock, CO 80104. The property boasts a strong net operating income (NOI) of $40,625, with a pro-forma NOI of $46,564, reflecting an 8.5% pro-forma capitalization rate. The asking price is $547,813.65, translating to a price per square foot of $438.25. The property features a single tenant under a triple-net (NNN) lease with a term of three years, commencing April 15, 2024, and expiring March 31, 2027. The building is part of a four-building complex and is zoned for light industrial use. The unit offers desirable features including 23' 2.75" and 21' 10.25" ceiling heights, insulated masonry construction, energy-efficient LED lighting, mezzanines, finished private restrooms, 24/7 access, wide paved aisles, and a 14' x 14' overhead door with operators. The net rentable square footage is 1,625 square feet. This property is ideal for a variety of uses, including small businesses and storage. The location in Douglas County, Colorado offers excellent access to Interstate 25. This is a turnkey investment opportunity with a proven track record and strong potential for future growth.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Castle Rock
- County
- Douglas
- State
- Colorado
- Longitude
- -104.847
- Latitude
- 39.3694
