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3rd Quarter 2025 Castle Rock

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Castle Rock Q3 2025 Commercial Real Estate Market 

In the third quarter of 2025, Castle Rock’s commercial real estate market continued to show strength and stability, with competitive lease rates and notably low vacancy in most sectors. NavPoint Real Estate Group’s latest quarterly report underscores Castle Rock’s position as a prime location for investment and occupancy.

Multi-family Market:
Multi-family properties reported a lease rate of $2.02 per square foot, with a vacancy rate of 11.3%. This reflects sustained rental demand, though some availability remains for new tenant absorption and repositioning.

Retail Market:
Retail performance remained exceptional, boasting a lease rate of $26.72 per square foot and an ultra-low vacancy rate of just 1.2%. These figures highlight strong tenant competition and limited retail space in Castle Rock’s core shopping corridors.

Office Market:
Office space achieved a lease rate of $32.55 per square foot, with a vacancy rate of 3.2%. This combination of high lease rates and low vacancy illustrates healthy demand and a stable office environment.

Industrial Market:
The industrial sector had a lease rate of $16.50 per square foot, with a vacancy rate of 11.2%. While lease rates remain strong, the higher vacancy indicates a cooling trend or availability for new industrial users in the area.

Castle Rock continues to perform as one of the top commercial submarkets in Colorado. Retail and office sectors are particularly competitive, while the industrial market shows some room for new tenants. The third quarter of 2025 reinforces the town’s appeal as a high-performing and balanced commercial real estate destination.

Read more at: https://navpointre.com

 
 

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