7282 Lagae RdCastle Pines, CO 80108
For Sale
$4,075,000
- Added:
- Dec 11, 2024
- Days on market:
- 126
Highlights
- New 20-year absolute triple-net lease with zero landlord responsibilities, commencing June 12, 2024.
- 10% fixed rent increases every five years.
- Pad site in a 98.6% occupied King Soopers-anchored shopping center, located at the center's main entrance/exit.
- 74% of shopping center visits originate from the 80108 zip code, serving the Castle Pines community.
- Located in Castle Pines, a top-3 wealthiest Colorado suburb with an average household income of $243,352 within a 3-mile radius; 10% population growth projected by 2028.
- Corporate guarantee from Service Street, a subsidiary of Drive Automotive Services, backed by Silver Oak Services Partners, a leading middle-market private equity firm.
Property Details for 7282 Lagae Rd
- Property type
- Retail properties, Auto shops
- Square Feet
- 4,488 SF
- Year Built
- 2024
- Lot Size (sq. ft)
- 59,677 SF
Location Insight
- City
- Castle Pines
- County
- Douglas
- State
- Colorado
- Latitude
- 39.468692
- Longitude
- -104.8814979
7282 Lagae Rd, Castle Pines, Colorado
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FAQs
- Where is the retail property located?
- The property is located at 7282 Lagae Rd Castle Pines, CO.
- What is the asking price?
- The asking price for this property is $4,075,000.
- What are key features of this property?
- This property features: New 20-year absolute triple-net lease with zero landlord responsibilities, commencing June 12, 2024.; 10% fixed rent increases every five years.; Pad site in a 98.6% occupied King Soopers-anchored shopping center, located at the center's main entrance/exit.
- How can I contact the broker?
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