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7411023
13948494

1006 S. INterstate 25, Castle Rock, CO 80104

SG
CO, TX
Personal Warehouse & Red Commercial
Listed by Personal Warehouse & Red Commercial
$893,025
1349 days on market
Updated 14 days ago

Preleased Investment Sale - Unit C07

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 2,550
Units 7
Cap Rate 8.5%
NOI $75,887
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 4
Rent Bumps Yes
Price per SqFt $350
Buildings 4
Zoning Light Industrial, Office, Warehousing, Storage, Flex, Retail
Investment Type Net Lease
Lease Commencement 03/31/2024
Occupancy Date 03/31/2024
Ground Lease Yes
Ceiling Height 22' 6.75"

Industrial | 8.50% CAP | 2,550 SqFt

Marketing description

This Innovative Company Specializes in Crafting Car Rack Campers, Offering Adventurers the Freedom to Explore the Great Outdoors With Ease. With a Dedicated Team of CraFtSmen, They Blend FuncTiOnality and Durability Into Every Design, Ensuring Reliability on Rugged Journeys. Whether Embarking on a Weekend Getaway or an Extended Road Trip, Their Campers Provide the Perfect Blend of Convenience and Comfort for the UlTiMate Outdoor Experience.

Unit C04 Has a Net Rentable Area of 2,550 Sf, Comprising a Main FLoor Area of 2,100 Sf With an AddiTiOnal Mezzanine Space of 450 Sf. the Lease Being Offered is a Triple Net Lease (Nnn) With a 3-year Term and a Rental Rate of $25/sf the FIrst Year, $25.75/sf the Second Year, and $26.52/sf the Third Year. Annual Net Cash Flow (Year 1): $63,750.

Investment highlights

  • Ideal for Small Business, RV / Boat / Car Storage

  • Insulated Masonry Construction

  • LED Lights / Energy Efficient Construction

  • Mezzanine SF :450

  • Basement :2100 Sf

  • Finished Private Restrooms

  • 24 / 7 Access, Wide Paved Aisles & 14 x 14 OH Doors

Listing Contacts

SG
CO, TX
Personal Warehouse & Red Commercial
Listed by Personal Warehouse & Red Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$75,887.00
$6,323.92/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

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