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22923179
22923188

675 Genoa Way, Castle Rock, CO 80109

LS
CO FA100098266
Pinnacle Real Estate Advisors
JE
CO FA100104683
Pinnacle Real Estate Advisors
Listed by Pinnacle Real Estate Advisors
$10,958,000
417 days on market
Updated 137 days ago

675 Genoa Way, Castle Rock

Details
Property Type Retail
Sub Type Storefront
Square Footage 27,395
Cap Rate 7.00%
NOI $767,060
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10
Lease Options 2 5 year renewal options
Price per SqFt $400
Class A
Investment Type Net Lease
Occupancy Date 03/25/2025

10 year lease with 2 5 year options for a total of 20 years

Marketing description

Pinnacle Real Estate Advisors is pleased to present the opportunity to acquire Bubbles Liquor World, a single-tenant NNN leased asset located at 675 Genoa Way, Castle Rock, CO 80109. This 27,395 square foot freestanding building is strategically positioned in Castle Rock, one of Colorado’s most desirable and fastest-growing suburban markets.

Anchored by strong population growth and a retail vacancy rate of just 1.7% among the lowest in the state, this property is well-positioned for long-term stability. It offers excellent regional access via Interstate 25, providing seamless connectivity to both Denver and Colorado Springs. The location also benefits from proximity to one of the region’s premier retail draws, the Castle Rock Outlet Malls, which drive consistent consumer traffic to the area.

The property is 100% leased to Bubbles Liquor World, a well-established destination liquor retailer with deep roots in the Castle Rock community. Since its founding in 2010, Bubbles has grown into a regional staple, widely regarded as the go-to liquor destination in the area. In 2018, the company expanded with a 5,000-square-foot satellite location, Tiny Bubbles to serve the fast-growing eastern portion of Castle Rock. This strategic expansion increased market share while also raising barriers to entry for competitors.

Most competing liquor stores in the area operate in significantly smaller spaces, typically under 2,000 square feet, further highlighting Bubbles Liquor World's competitive advantage in terms of scale, visibility, and customer reach.

This offering presents investors with the opportunity to acquire a stable, cash-flowing asset backed by a high-performing, entrenched tenant in a top-tier Colorado market. It is ideally suited for 1031 exchange buyers and long-term investment strategies seeking durable income and market resilience.

Listing Contacts

LS
CO FA100098266
Pinnacle Real Estate Advisors
JE
CO FA100104683
Pinnacle Real Estate Advisors
Listed by Pinnacle Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$767,060.00
$63,921.67/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Levi Saxen
License
FA100098266
Name
Jack Eberwein
License
FA100104683
Brokerage
Pinnacle Real Estate Advisors
Title
Commercial Real Estate Broker
Brokerage Address
1 North Broadway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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