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607 & 647 S Gilbert Street

607 S Gilbert St | Castle Rock | CO Back to Properties


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Offering Memorandum

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Agreement

NavPoint Real Estate Group (“Broker“) has been retained as the exclusive Broker regarding the sale of the property located at 607 & 647 S Gilbert Street, Castle Rock, CO 80104. To receive an Offering Memorandum (“Offering Memorandum“) please read this Confidentiality Agreement and agree to the terms. The details and information contained within the Offering Memorandum were obtained from sources deemed to be reliable. Verification of the information contained within the Offering Memorandum are the sole responsibility of the Potential Purchaser. No representation is made to the accuracy of the information by Seller or Broker. THIS AGREEMENT is made and entered into by and between NavPoint Real Estate Group and "Potential Purchaser

Property Details

  • Price: $3,625,000
  • Transaction Type: For Sale, Investment
  • Property Type: Industrial, Flex
  • Building Size: 25,150 SF
  • Lot Size: 2.010 AC
  • Cap Rate: %7.25
  • Year Built: 1976
  • Zoning Description: PD

Property Description

Industrial/Flex Investment Opportunity

NavPoint Real Estate Group is pleased to offer the opportunity to acquire 607 & 647 S Gilbert Street, a two-building, multi-tenant, industrial/flex complex, consisting of 25,150 rentable square feet. Located just South of Denver in Castle Rock, the property features recent upgrades, ample parking, and excellent access to Interstate 25. This property’s ideal location is further enhanced by its proximity to Downtown Castle Rock offering a variety of retail and restaurant options. With submarket vacancy under 5% for this product type, this asset will be a strong long-term investment.

  • Rare purchase opportunity in a tight submarket
  • Located close to Downtown Castle Rock
  • Fully fenced/secured site
  • Desirable submarket
  • Convenient access to I-25 at the Plum Creek Interchange
  • Close to Douglas County Event Center, Fairgrounds, softball and soccer fields
  • Easy access to the extensive Castle Rock bike path network
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Financial Summary (Actual - )

Annual Annual Per SF
Gross Rental Income: - -
Other Income: - -
Vacancy Loss: - -
Effective Gross Income: - -
Net Operating Income: - -

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