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600 Jerry Street

PYFR LLC Acquires Mixed-Use Properties In Castle Rock For $6.4 Million With Buyer’s Rep Paul Cattin
SOLDMixed-use

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:

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

Parker Brown

CBRE

Broker

$74.2M

vol

6 deals

Broker
CBRE
CBREBrokerage

Castle Rock Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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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