Sale Transaction

Retail/Flex Building in Castle Rock trades for $575,000

By February 18, 2014 No Comments

Castle Rock, CO – NavPoint Real Estate Group is pleased to announce the sale of the “Napa Auto Parts” building located at 1133 Caprice Drive in Castle Rock. The 5,334 SF Building has excellent visibility along Wolfensburger Road with convenient access to Interstate 25. The building has drive-in access, fenced/secured yard opportunity and is located in a high population growth area. The seller was J&R Pelley, LLC.- owner of Rock Parts Company (Napa Auto Parts). NAPA’s expanding business lead them to sell this asset and relocate to a larger building also marketed by NavPoint Real Estate Group, Caprice Commerce Center. Caprice Commerce Center is a Class A industrial/flex/retail space with huge I-25 visibility and over 100,000 vehicles per day at I-25. The purchaser of 1133 Caprice Drive was Timothy Dumler, owner of aircraftclubs. This property successfully closed on February 18th for a purchase price of $575,000.00. National Glass company Binswanger Glass will occupy the property after NAPA vacates recently having signed a 5 year lease. Matt Call of NavPoint Real Estate Group facilitated the transaction.