Marcus & Millichap Sells Castle Rock Retail Property For $2.5M
SOLD
$2,500,000
Colorado
See Similar DealsRetail
Sold 12/23/2022
SOLD
Marcus & Millichap Sells Castle Rock Retail Property For $2.5M
4995 Factory Shops Boulevard
See Similar DealsRetail
Sold 12/23/2022
Summary
COLORADO
Asset Type:Retail
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$133,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,851.28
Annual Debt Service$142,215.31
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