Marcus & Millichap Sells Castle Rock Retail Property For $2.5M
4995 Factory Shops Boulevard
$2,500,000
Building Size
—
Asset Type
Retail
Closing
Dec 23, 2022
AI
The retail property located at 4995 Factory Shops Blvd in Castle Rock, CO has been sold for a total price of $2,500,000. The transaction took place on December 23, 2022. The property is a part of the retail market in Castle Rock.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,500,000
- Address: 4995 Factory Shops Blvd, Castle Rock, CO
- Market: Castle Rock, CO
The sale of the property was facilitated by Drew Isaac and Ian Hicks from Marcus & Millichap, who served as the brokers representing the buyer and seller in the deal.
Players
Castle Rock Retail Market Snapshot
Boundary boundary · Retail · 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