NavPoint Real Estate Group Completes Sale of 3,768 SF Veterinary Office Property in Castle Rock, Colorado for $1,225,000
navpoint / August 4, 2022
Castle Rock, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of 800 Kinner Street, a veterinary office property consisting of 3,768 SF.
Occupied by Plum Creek Veterinary Services, this two-story building was built in 1974 and fully remodeled in 2000. The veterinary office consists of a customer reception and waiting area, administrative office, examination rooms, operating room, x-ray room, laboratory area, and kennel facility.
“With the Single Tenant Net lease market continuing to attract incredible investor interest, we had huge activity on this property from the moment we went to market. Furthermore, the lack of quality income-producing commercial real estate assets under $1.5M caused this property to go under contract almost immediately after going to market,” commented NavPoint Principal, Matt Call, who represented the Seller.
Matt Call of NavPoint Real Estate Group represented the seller, D & D Roberts Vet Clinic LLC. The buyer, Berkenkotter Holdings LLC, was represented by Jeff Samuelson of Realty One Group.
This transaction successfully closed in July 2022.
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