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Property profile & analytics
FOR LEASE
Medical Office Space

1175 S Perry St Castle Rock, CO 80104

20,674 SF 2.05 ac lot Built 2006
Entity Owned 4-yr Hold Free & Clear
Property ID
US13-1182009
Property summary
AI-generated overview

This exceptional office space, part of the Elk Crossing Office Complex, presents a fantastic opportunity for businesses seeking a prime location in Douglas County. Built in 2006, this two-story, Class B building offers a total of 20,880 square feet of versatile office space in a multiple-tenancy setting. Currently, one suite is available, measuring 1,542 square feet, ideal for a variety of business needs. The property boasts Class A finishes, reflecting a commitment to quality and professional aesthetics. The Elk Crossing Office Complex is situated within a well-maintained professional office campus, providing a prestigious and convenient work environment. The building's traditional office design offers a classic and functional layout, adaptable to various business configurations. Its location in Douglas County provides easy access to key transportation routes and amenities, enhancing both employee and client convenience. This is an excellent opportunity to secure high-quality office space in a desirable location. The available suite offers a blend of modern functionality and classic design, making it an attractive option for businesses seeking a professional and efficient workspace. The 1,542 square foot space is ready for immediate occupancy, allowing for a seamless transition into your new office. Contact us today to schedule a viewing and explore the possibilities this exceptional property offers.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2006
Total area 20,674 SF
Lot 2.05 ac (89,124 SF)
APN R0474183
UPID US13-1182009
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Elk crossing business center Business Service Center Corporate Office
  • Dr. Hanna M. Kraus, MD Physician
  • Dr. Peter G. Stratil, MD Physician
  • Dr. James M. Luethke, MD Physician
  • Dr. Brendan F. Essary, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.82M
CAP Approach CAP
$4.57M
Comparable Approach Comparable
$5.65M
Blend (final) Blend
$4.57M
Owner & transaction history
Heyman Castle Rock LLC · 4 yrs held
Heyman Castle Rock LLC
since 2022
Last sale
$4.8M
6 recorded transactions
2022
$4.8M
2022
Price N/A
2021
Price N/A
2017
Price N/A
2007
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $7.0M +6.2%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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