NavPoint Real Estate Group Completes Sale of 10,572 SF Investment Property in Castle Rock, Colorado for $4,635,000
navpoint / June 15, 2022
Castle Rock, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of 240 N Wilcox Street & 330-350 Third Street, an office & retail property consisting of 10,572 SF located in the heart of Downtown Castle Rock, and fully leased by 5 tenants.
“This 5-tenant deal at arguably the best hard corner in Downtown Castle Rock attracted 5 offers within the first 10 days on market. The Seller was very pleased with the Buyer we ended up selecting and the transaction moved through DD and to closing nearly without a hitch. Assets like this don’t become available very often in Castle Rock as the community has grown dramatically over the last decade more and more investors have sought acquisition opportunities,” commented NavPoint Principal, Matt Call who represented the Seller.
Matt Call of NavPoint Real Estate Group represented the seller, Jones Brothers Holdings LLC. The buyer, IN WOO Corporation, was represented by Jae Kim of RE/MAX 100, Inc.
This transaction successfully closed in June 2022.
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