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 in Castle Rock, Colorado. Located at 1010 South Interstate 25 Unit A02, this property boasts a strong 8.5% pro-forma cap rate and a net operating income (NOI) of $46,564. The unit, part of a four-building complex, is situated in a prime location with convenient access to Interstate 25, making it ideal for both business and personal use. The 5-year lease, commencing March 1, 2024, and expiring February 28, 2029, provides immediate cash flow and long-term stability. Features include durable insulated masonry construction, energy-efficient LED lighting, and a mezzanine for added space. Additional amenities include finished private restrooms, 24/7 access, wide paved aisles, and 14' x 14' overhead doors. The property is zoned for light industrial use and offers a net rentable area of 1,625 square feet, with a price per square foot of $438.25. This is a turnkey investment perfect for those seeking a strong return on investment in a rapidly growing area. The asking price is $547,813.65. The building's ceiling height varies between 23' 10.75" and 21' 10.25". Select units feature balconies on the mezzanine level. This property is perfect for small businesses and ideal for RV, boat, or car storage.
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
