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734 North Wilcox Street

2950 West Point Holdings LLC Purchases Mixed-Use Asset In Castle Rock For $2.5 Million
SOLDMixed-use

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

Andrew Monette

Pinnacle Real Estate Advisors

Broker

$6.1M

vol

2 deals

Broker
Pinnacle Real Estate Advisors
Pinnacle Real Estate AdvisorsBrokerage

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