For Sale
$983,751

1010 Interstate 25Castle Rock, CO 80104

High-Cap Warehouse, Ideal for Small Business

Overview

Added:
Dec 11, 2024
Days on market:
114
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.

Highlights

  • $983,751 asking price for this 2,550 square foot warehouse in Castle Rock, CO.
  • NNN lease available, currently occupied by a contracting company using the space for automobile storage and office use.
  • 7.00% cap rate with a $68,850 NOI.
  • Features include 23' ceilings, a 14' x 14' overhead door, and energy-efficient construction.
  • Includes a mezzanine, finished restrooms, and 24/7 access.

Property Details for 1010 Interstate 25

Property type
Warehouses, Industrial properties
Square Feet
2,100 SF
Buildings
4
Units
1

Location Insight

City
Castle Rock
County
Douglas
State
Colorado
Latitude
39.369418
Longitude
-104.8472345
1010 Interstate 25, Castle Rock, Colorado

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1010 Interstate 25
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