701 Topeka Way - Manufacturing FOR SALE


Castle Rock, CO 80109
$12,000,000 USD
303-521-3648
701 Topeka Way, Castle Rock, CO for Sale
$12,000,000 USD
Manufacturing - FOR SALE
1/20
null | Request Cap Rate

701 Topeka Way
Castle Rock, CO 80109


HIGHLIGHTS

  • I-2 Industrial Zoning – Heaviest Castle Rock Zoning
  • Heavy Power
  • Low Tax Basis ($2.00/SF)
  • Fully Sprinklered (Wet System)
  • Multiple Loading Options – Drive-in & Dock High
  • Secured Yard & Truck Court

OVERVIEW

This well-located industrial facility in Castle Rock offers a rare opportunity in a market with less than a 3.5% vacancy rate. Positioned just off I-25, the property is one of the few high-cube distribution or manufacturing buildings in the entire submarket. Situated on an expansive 5-acre site, which includes a 2+ acre secured yard for outdoor storage and truck or material staging. The building is currently demised into three units, with the potential for up to five separately metered units, and offers flexible space configurations with 17,625, 49,396, or 67,021 square feet available for an owner-user. Featuring I-2 heavy industrial Castle Rock zoning, the property provides excellent ingress and egress directly off I-25. The clear span design with a desirable twin-T roof enhances functionality, while the large reinforced concrete truck court, heavy 480 volt 3-phase power, and floor drains in the main warehouse add to its efficiency. Additional features include locker rooms, showers, and a well-appointed office layout. A new 60-mil reinforced fully adhered EPDM roof was installed in March 2022 with a transferrable warranty. This is a rare opportunity to acquire a highly desirable industrial asset in a supply-constrained market.  Ideal for new owner/user or investor.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$151 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

UTILITIES

Lighting - Fluorescent, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

21 Ft

DOCKS

3

DRIVE INS

4

PARKING SPACES

150

LAND DETAILS

LAND ACRES

5

LAND SF

217,800

ZONING

I-2

APN/PARCEL ID

2505-101-01-001

ASK ABOUT THIS PROPERTY

Greg KnottUnique Properties, Inc.More Info
303-521-3648

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Greg KnottUnique Properties, Inc.More Info
303-521-3648

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.