Current Use by Public Records
- Warehouses
Property Details for 1010 Interstate 25
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This Castle Rock, Colorado warehouse offers a compelling investment opportunity with a 7.00% cap rate and a strong NOI of $68,850. Located at 1010 S Interstate 25, zip code 80104, this single-unit property boasts 2,550 square feet of net rentable space, including a 2,100 square foot main floor and a 450 square foot mezzanine. The building features 23' 2.50" ceilings, energy-efficient LED lighting, insulated masonry construction, and finished private restrooms. Access is provided 24/7 via wide paved aisles, and the unit includes a 14' x 14' overhead door with operators. The property is zoned for Light Industrial, Office, Warehousing, Storage, Flex, and Retail uses, making it versatile for a variety of businesses. Currently, the space is used for personal automobile storage and office space. A triple net (NNN) lease is available, with a three-year term and escalating annual rental rates. The building is part of a four-building complex, offering a secure and well-maintained environment. This property presents a rare opportunity to acquire a high-performing warehouse in a desirable location. The asking price is $983,751.
Value Estimations
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AI approach
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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
