100% Occupied Office Building | High Income | 202 6th St
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100% Occupied Office Building | High Income 202 6th St
47,378 SF 98% Leased Office Building Castle Rock, CO 80104 $21,262,050 CAD ($449 CAD/SF) 7.10% Cap Rate
Investment Highlights
- 100% Occupied | Recently Built | Differentiated Construction Large Floorplate availability
- Excellent Visibility and Access | Downtown Castle Rock | Quick Access to I-25 (111,800 VPD)
- Suited For a Variety of Users | Modern Design | Solar System
- Strong Demographics | Affluent Six-Figure Income
Executive Summary
• 100% occupied class-B office building in downtown Castle Rock, CO
• The property was completed and delivered in 2016, featuring differentiated design and construction
• Wide range of floorplate availability from 140 SF to 15,000+ SF
• The Move features multiple 12.5’ clearance overhead doors, and Floor to deck height of 12+ feet
• Various on-site amenities/infrastructure including bike racks, com-cast fiber, century link, electric car charging station, and more
• The property is powered by a solar system, which provides clean & free energy
• The property was completed and delivered in 2016, featuring differentiated design and construction
• Wide range of floorplate availability from 140 SF to 15,000+ SF
• The Move features multiple 12.5’ clearance overhead doors, and Floor to deck height of 12+ feet
• Various on-site amenities/infrastructure including bike racks, com-cast fiber, century link, electric car charging station, and more
• The property is powered by a solar system, which provides clean & free energy
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
47,378 SF
Building Class
B
Year Built
2016
Price
$21,262,050 CAD
Price Per SF
$449 CAD
Cap Rate
7.10%
NOI
$1,510,198 CAD
Percent Leased
98%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
11,845 SF
Slab To Slab
10’
Building FAR
2.27
Lot Size
0.48 AC
Zoning
B4 - Business/Commercial
Parking
74 Spaces (1.56 Spaces per 1,000 SF Leased)
Amenities
- Bicycle Storage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Office space in a great downtown location.
Office space in a great downtown location.
Space | Size | Space Use | Condition | Available |
3rd Fl-Ste c | 285 SF | Office | Full Build-Out | Now |
3rd Fl-Ste K | 680 SF | Office | Full Build-Out | Now |
3rd Fl-Ste c
Size |
285 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
3rd Fl-Ste K
Size |
680 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
3rd Fl-Ste c
Size | 285 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
Office space in a great downtown location.
3rd Fl-Ste K
Size | 680 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
Office space in a great downtown location.
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Walk Score ®
Very Walkable (74)
Bike Score ®
Very Bikeable (77)
PROPERTY TAXES
Parcel Number | 2505-112-05-002 | Improvements Assessment | $4,398,573 CAD |
Land Assessment | $390,516 CAD | Total Assessment | $4,789,089 CAD |
PROPERTY TAXES
Parcel Number
2505-112-05-002
Land Assessment
$390,516 CAD
Improvements Assessment
$4,398,573 CAD
Total Assessment
$4,789,089 CAD
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100% Occupied Office Building | High Income | 202 6th St
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