2950 West Point Holdings LLC Purchases Mixed-Use Asset In Castle Rock For $2.5 Million
734 North Wilcox Street
$2,500,000
$278/SF
Building Size
8,969 SF
Asset Type
Mixed-use
Closing
Aug 7, 2025
AI
A mixed-use property located at 734 North Wilcox Street in Castle Rock, CO, was sold for $2,500,000. The asset features a total area of 8,969 square feet, translating to a price per square foot of $279.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,500,000
- Buyer: 2950 West Point Holdings LLC
- Seller: Seven34 LLC
- Buyer's Representative: Andrew Monette - Pinnacle Real Estate Advisors
- Seller's Representative: John V. Propp - John Propp Commercial Group
John Propp Commercial Group facilitated the sale, guiding the transaction of the office/retail building. The buyer, 2950 West Point Holdings LLC, intends to utilize the property as an investment.
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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93