PYFR LLC Acquires Mixed-Use Properties In Castle Rock For $6.4 Million With Buyer’s Rep Paul Cattin
600 Jerry Street & 695 Jerry Street
$6,400,000
$126/SF
Building Size
50,760 SF
Asset Type
Mixed-use
Closing
Aug 12, 2025
AI
A 25,380-square-foot mixed-use building located at 600 Jerry Street & 695 Jerry Street in Castle Rock, CO was sold for $6.4 million. This property features a combination of retail and commercial spaces, providing diverse usage opportunities in the local market.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $6,400,000
- Square Footage: 25,380
- Price Per Square Foot: $252
- Buyer: PYFR LLC
- Seller: RA Morrison LLC
- Buyer’s Representative: Paul Cattin - Platinum CRE
- Seller’s Representatives: Campbell Davis, Parker Brown & Matthew Henrichs - CBRE
PYFR LLC acquired the mixed-use property as part of their investment strategy in Castle Rock. The transaction includes a 4,850-square-foot restaurant, further enhancing the mixed-use nature of the acquisition, showcasing a strategic move in the local property market.
Players
Castle Rock Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.48%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93