For Sale
$547,813.65

1010 Interstate 25Castle Rock, CO 80104

Pre-leased NNN investment; 8.5% cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
116
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.

Highlights

  • $547,813.65 asking price for this Net Leased industrial property.
  • 1,250 square foot flex/warehouse space with 1,625 square feet of net rentable area.
  • 8.5% cap rate with a $40,625 NOI (projected $46,564).
  • Located at 1010 South Interstate 25 Unit A02, Castle Rock, CO 80104.
  • Five-year lease commencing March 1, 2024, and expiring February 28, 2029.
  • Features include insulated masonry construction, LED lighting, mezzanines, private restrooms, 24/7 access, wide paved aisles, and 14' x 14' overhead doors.

Property Details for 1010 Interstate 25

Property type
Warehouses, Industrial properties
Square Feet
1,250 SF
Buildings
4

Location Insight

City
Castle Rock
County
Douglas
State
Colorado
Latitude
39.3694103
Longitude
-104.8473161
1010 Interstate 25, Castle Rock, Colorado

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1010 Interstate 25
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