1010 I-25 Castle Rock, CO 80104
- Warehouses
- 2,550 SF
Current Use by Public Records
- Warehouses
Property Details for 1010 I-25
- Property size
- 2,550 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 2,550-square-foot warehouse in Castle Rock, Colorado, presents a lucrative investment opportunity. Located at 1010 I-25, 80104, this single-tenant property boasts a 7.25% cap rate and a strong net operating income (NOI) of $65,025. The building features insulated masonry construction, energy-efficient LED lighting, and a desirable 23' 6.50" ceiling height. Ideal for small businesses or storage, this versatile space includes a mezzanine level adding valuable square footage, finished private restrooms, and convenient 24/7 access. The property benefits from wide paved aisles and a 14' x 14' overhead door with operators. Zoned for Light Industrial, Office, Warehousing, Storage, Flex, and Retail uses, this property offers significant flexibility. Currently leased under a triple-net (NNN) lease, this asset provides a secure income stream with potential for future appreciation. The building's design incorporates practical features such as balconies on select units. This is a prime opportunity to acquire a well-maintained, high-performing industrial property in a thriving Colorado market. The current tenant is a garage flooring franchise, known for its meticulous attention to detail and efficient use of space.
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
- -104.872
- Latitude
- 39.3465