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832 New Memphis Court - Promenade at Castle Rock, Castle Rock, CO

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832 New Memphis Court - Promenade at Castle Rock

Castle Rock, CO 80108 - Southeast Outlying Ret Submarket


Property Type:Retail Sub Type:Restaurant Status:Existing Year Built:2015
Building Size:5,823 SF Land Area:.76 AC (33,106 SF)
For Sale Price:$3,940,000 Price/SF:$676.63
Cap Rate:5.75 %
Parking:Free Surface spaces are available; Ratio of 9.23/1,000 SF



Sale Notes:
• Brand New 10 Year Corporate Leases
• 2016/2015 Construction
• Visible to 60,925 Cars per day From Factory Shops Blvd and Meadows Parkway
• Excellent Access from Interstate-25 (96,000+ Cars per Day), the Primary Connector Between Castle Rock and Denver
• One of the Most Successful Retail Trade Areas in the Denver Market
• Adjacent to the Outlets at Castle Rock - The 4th Most Popular Tourist Attraction in Colorado
• Located within the Promenade at Castle Rock - a 166-Acre Upscale Outdoor Retail Center at I-25 and Highway 85
• Affluent Location - The Average Household Income Exceeds $150,000 in a 3-Mile Radius

Marcus & Millichap Inc
Jamie Medress
(602) 687-6778

Mark Ruble
(602) 687-6766 x6766




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