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Property profile & analytics
FOR LEASE
Office Spaces

202 6Th St Castle Rock, CO 80104

72,799 SF 0.48 ac lot Built 2015
Individually Owned 11-yr Hold Free & Clear
Property ID
US13-0654102
Property summary
AI-generated overview

This exceptional four-story, 47,378-square-foot office building, located at 202 Sixth St in downtown Castle Rock, Colorado, presents a compelling investment opportunity. Built in 2016, the property boasts a 100% occupancy rate with twenty tenants, generating a strong income stream. The asking price is $15,000,000, translating to $316.60 per square foot. The building features a modern design and large floorplates suitable for a variety of users. Situated on a 0.48-acre lot, it includes 74 parking spaces and benefits from excellent visibility and access, including convenient proximity to I-25 (111,800 vehicles per day). The property is zoned B4 - Business/Commercial and offers a fee simple interest (land and building ownership). Additional features include a solar system and differentiated construction. The strong demographics of the area, including affluent residents with six-figure incomes, further enhance the investment potential. The property's APN is R0082173. This is a rare opportunity to acquire a high-performing, recently built office building in a thriving Colorado market.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2015
Total area 72,799 SF
Lot 0.48 ac (20,909 SF)
APN R0082173
UPID US13-0654102
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
  • Polar Bear HVAC Solutions HVAC Service General Contractor
  • Bill Clarke Homes Inc. Real Estate Agency
  • Light & Lotus Wellness, PLLC Crisis Center Medical Clinic
  • Arise Pediatric Occupational Therapy Physician
  • Peak to Peak Bodyworks LLC Gym & Fitness Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$14.00M
Comparable Approach Comparable
$14.78M
Blend (final) Blend
$12.31M
Owner & transaction history
Rock Bk Castle · 11 yrs held
Rock Bk Castle
since 2014
7 recorded transactions
2020
Price N/A
2019
Price N/A
2018
Price N/A
2017
Price N/A
2016
Price N/A
2016
Price N/A
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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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