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 £11,736,750 (£248/SF) 7.10% Net Initial Yield
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
£11,736,750
Price Per SF
£248
Net Initial Yield
7.10%
NOI
£833,636
Percent Leased
98%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
11,845 SF
Slab to Slab
10 ft
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 | £2,467,761 |
| Land Assessment | £219,094 | Total Assessment | £2,686,855 |
PROPERTY TAXES
Parcel Number
2505-112-05-002
Land Assessment
£219,094
Improvements Assessment
£2,467,761
Total Assessment
£2,686,855
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100% Occupied Office Building | High Income | 202 6th St
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