NavPoint Real Estate Group Sells 18,541 SF Multi-Tenant Office Investment Asset in Castle Pines for $4,500,000
navpoint / October 1, 2019
Castle Pines, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of Ponderosa Pines, a Multi-Tenant Office Investment Asset located at 7505 Village Square Drive in the growing, affluent community of Castle Pines, Colorado.
Situated in Village Square Center, this building has easy access to I-25 via Castle Pines Parkway and is located just minutes from DTC, Lone Tree, Centennial Airport, Inverness/Meridian, and Castle Rock.
Built in 2000, this attractive, well-maintained building is currently occupied by a diverse tenant base including medical, financial, insurance, and real estate businesses. The building offers tenants a professional image, ample parking, professional landscaping, and views of Colorado’s Front Range from westerly facing units.
According to Witt, “The property is a high-quality, suburban office asset located in a rapidly growing submarket. This rapid growth factor, along with high occupancy and impeccable condition of the building helped generate strong interest in the property from a wide variety of local and national buyers.
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