1010 South StCastle Rock, CO 80104

Property Details for 1010 South St

Property size (Sq ft)

2,100 SF

Property type

Industrial properties

Property subtype

Other warehouses

Description

This exceptional investment opportunity presents a single-tenant warehouse building in Castle Rock, Colorado. The property, located at 1010 South St, 80104, boasts 2,100 square feet of main floor space plus a 450-square-foot mezzanine, totaling 2,550 net rentable square feet. Currently leased to a roofing company under a triple-net (NNN) lease with a three-year term, the property offers a strong annual net operating income (NOI) of $66,300, resulting in a compelling 7.25% capitalization rate. The asking price is $914,483, with a price per square foot of $430. The building features a 23' 6.50" ceiling height, energy-efficient LED lighting, insulated masonry construction, and a 14' x 14' overhead door with operators. Additional amenities include finished private restrooms, 24/7 access, wide paved aisles, and a 1,410-square-foot backlot/yard. The property is zoned for Light Industrial, Office, Warehousing, Storage, Flex, and Retail uses, offering versatility for future tenants. Balconies are available on select units. This is an ideal investment for those seeking a stable, high-return property in a desirable location.

Location Insight

City

Castle Rock

County

Douglas

State

Colorado

Latitude

39.3694

Longitude

-104.847

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