1004 S Interstate 25 - Light Manufacturing CONDO FOR SALE
Castle Rock, CO 80104 |
$1,059,504-$1,125,000 USD
303-222-0768
1004 S Interstate 25
Castle Rock, CO 80104
HIGHLIGHTS
- WORK - Maximize productivity in a modern, creative space. Ideal for today's dynamic businesses, offering flexibility for office, warehousing and more.
- NOTE: This is a representation of units in Building D, the project totals four buildings and all units are not uniform. Enquire now to view options.
- STORE - Elevate your storage solutions with an innovative space. Perfect for inventory, hobbies, and equipment. Work, STORE, and play smarter.
- Castle Rock Warehouses: Select from a spectrum of creative and innovative spaces from 1k to 2.5k SF, the best in design, functionality, and quality.
- PLAY - The ultimate man cave or sports den awaits. Ideal for all types of enthusiasts to indulge in your passions.
- Invest in Your Success: Own a Personal Warehouse® Micro-Flex unit and save 15 to 30% versus renting. Exclusive investment units are also available.
OVERVIEW
- Tenant is a Turfing company using the space for storage and office
- Unit D1 has a net rentable area of 3,000 SF, comprising a main floor area of 2,500 SF with an additional mezzanine space of 500 SF. The lease being offered is a triple net lease (NNN) with a 3-year term and a rental rate of $26/SF the first year, $26.78/SF the second year, and $27.58/SF the third year.
- Annual Net Cash Flow (Year 1): $78,000
FOR SALE DETAILS
PRICE
$1,059,504-$1,125,000 USD
CAP RATE
8.75%
# OF UNITS
2
CONDO SIZE
-
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Castle Rock Personal Warehouse
PROPERTY TYPE
Flex
PROPERTY SUBTYPE
Light Manufacturing
ADD'L SUBTYPES
Showroom, Warehouse, Light Distribution
TOTAL BUILDING SIZE
5,000 SF
STORIES
1
BUILDING CLASS
A
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
6.46 AC
LAND SF
281,427 SF
ZONING
Light Industrial
APN/PARCEL ID
2505-154-06-002
ASK ABOUT THIS PROPERTY
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303-222-0768
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303-222-0768
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