Listed by Personal Warehouse & Red Commercial
$531,562
Unit A02 - Investment Unit Sale - Castle Rock Flex
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 1,250
Net Rentable (SqFt) 1,625
Cap Rate 8.50%
NOI $40,625
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 02/27/2029
Pro-Forma Cap Rate 8.76%
Pro-Forma NOI $46,564
Price per SqFt $425
Buildings 4
Zoning Light Industrial
Investment Type Net Lease
Lease Commencement 02/29/2024
Occupancy Date 02/29/2024
Ceiling Height 23' 10.75" 21' 10.25''
Pre-Leased Investment Unit Sale | Proforma CAP Rate: 8.5% | 1,250 SF
Marketing description
Situated In The Colorado Front Range, The Castle Rock Personal Warehouses Are Located Just Off Interstate 25 Next To The City Of Castle Rock. Making A Convenient Location To Work-Store-Play With Easy Access For The Growing Neighborhoods Of Castle Rock.PW Storefront
Investment highlights
- Ideal for Small Business, RV / Boat / Car Storage
- Insulated Masonry Construction
- LED Lights / Energy Efficient Construction
- Mezzanines
- Finished Private Restrooms
- 24 / 7 Access, Wide Paved Aisles & 14 x 14 OH Doors
- Balconies (mezzanine level) on Select Units
- Build Equity over Rent Receipts
- Fixed Rate Financing (15 – 25 Year Term)
- Tax Benefits for Business Users & Investors
- Cost Effective – Own for 40% Less per Month
- Customize Your Space!
Listing Contacts
Listed by Personal Warehouse & Red Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$40,625.00
$3,385.42/mo
Valuation Metrics
0
DSCR
7.64%
Cap Rate
7.64%
ROI
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