For Sale
$4,077,000

3811 Sol Danza Dr Castle Rock, CO 80109

High-yield NNN auto shop, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a brand-new, single-tenant, 4,442 square foot auto shop located at 3811 Sol Danza Dr, Castle Rock, CO 80109. Built in 2024, this property boasts a 20-year absolute NNN lease with a corporate guarantee, ensuring consistent cash flow. The asking price is $4,077,000, representing a compelling $917.83 per square foot and a 6.00% cap rate, with a current NOI of $244,616. Situated on a 0.85-acre lot, the property benefits from its location within The Meadows, a planned development featuring additional retail and nearly 1,500 residential units. This prime location offers excellent accessibility, being just one mile from Interstate 25 and CO-86, major transportation arteries. The surrounding area demonstrates robust demographics, with nearly 81,000 residents within a 5-mile radius boasting an average household income exceeding $151,000. Strong retail synergy is evident with nearby established businesses including CVS, Walmart, Home Depot, Dick's Sporting Goods, PetSmart, and Chick-fil-A. This is a 100% occupied, one-story building offering a secure and lucrative investment prospect.

Highlights

  • Exceptional demographics: 81,000 residents within a 5-mile radius, boasting an average household income exceeding $151,000.
  • Located within The Meadows, a master-planned community featuring 1,500+ residential units and supporting retail.
  • Strong retail co-tenancy including CVS, Walmart, Home Depot, Dick's Sporting Goods, PetSmart, and Chick-fil-A.
  • Excellent highway access: 1 mile from I-25 (70,000+ VPD) and CO-86 (29,000+ VPD).

Property Details for 3811 Sol Danza Dr

Property type
Retail properties, Auto shops
Square Feet
4,442 SF
Year Built
2024
Buildings
1
Stories
1
Lot Size (sq. ft)
37,026 SF

Location Insight

City
Castle Rock
County
Douglas
State
Colorado
Latitude
39.401518
Longitude
-104.883229

FAQs

What type of property is this?
Retail property - High-yield NNN auto shop, strong tenant.
Where is the retail property located?
The property is located at 3811 Sol Danza Dr Castle Rock, CO.
What is the asking price?
The asking price for this property is $4,077,000.
What are key features of this property?
This property features: Exceptional demographics: 81,000 residents within a 5-mile radius, boasting an average household income exceeding $151,000.; Located within The Meadows, a master-planned community featuring 1,500+ residential units and supporting retail.; Strong retail co-tenancy including CVS, Walmart, Home Depot, Dick's Sporting Goods, PetSmart, and Chick-fil-A.
How can I contact the broker?
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3811 Sol Danza Dr
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