7505 Village Square Dr

Price: $4,650,000Size: 1.355 AcresCap Rate: 7.02%

 

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Multi-Tenant Office Investment

NavPoint Real Estate Group is pleased to offer this attractive two-story multi-tenant office asset located in the growing, affluent community of Castle Pines, Colorado. Situated in Village Square Center, this building has easy access from Castle Pines Parkway at Village Square Drive. It is located just minutes to DTC, Lone Tree, Centennial Airport, Inverness/Meridian and Castle Rock.  Built in 2000, this attractive, well maintained building provides tenants a professional image with ample parking for their clientele. Westerly facing units enjoy spectacular views of Colorado’s Front Range. The property is 18,541 RSF and is currently occupied by nine tenants. It has an annual net operating income of $326,581.

  • New HVAC (2014) and Roof (2015) with transferable warranty on roof
  • Attractive, well maintained physical asset with professional landscaping and ample parking
  • Located in Castle Pines, a highly desirable area with an expected growth rate of over 10% in the next five years
  • Highly educated population with 66.93% holding a bachelors degree or greater and an average income of $185,392 in a three mile radius
  • Easy access to I-25 at Castle Pines Parkway for a quick commute to Denver or Castle Rock
  • Shopping, Banks, Restaurants within walking distance