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282 Malibu St 11,000 SF 85% Leased Flex Building Castle Rock, CO 80109 $3,500,000 ($318.18/SF) 8.14% Cap Rate
INVESTMENT HIGHLIGHTS
- Downtown location , new construction, easy highway access, attractive fencing, good parking areas,
EXECUTIVE SUMMARY
downtown area, this is a rare investment opportunity. Located in one of the fastest-growing
metro area suburbs, Castle Rock demographics and limited commercial space in the central
core offer a unique chance for businesses to thrive.
Building A: Multi-Tenant Flex Units
This property boasts a large two-story building with 7,500 square feet of flexible retail space.
The second-floor features 3,500 square feet designated for office units, providing ample
space for multiple tenants to establish their businesses.
Building B: Multi-Tenant Flex Unit
The 4,000 square foot building is designed for two flex unit tenants, adding great efficiency
and appeal to the property. This space is ideal for a business looking to establish a strong
local presence with a loyal following. The building's layout and location provide an excellent
opportunity to create a unique and inviting experience.
Ideal Location
Located near Interstate 25, this property is in the ideal location for distribution routes
throughout the state and beyond. Situated at the south end of the Denver Metro area, it
allows for easy distribution to the metro area north of the property and opportunities for
expansion to the fastest-growing parts of the state in Southern Colorado.
This investment opportunity offers the perfect blend of location, space, and potential for
businesses looking to establish or expand their presence in Castle Rock.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $3,500,000 | Lot Size | 0.68 AC |
| Price Per SF | $318.18 | Rentable Building Area | 11,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 8.14% | Year Built | 2025 |
| Property Type | Flex | Clear Ceiling Height | 20’ |
| Property Subtype | Light Manufacturing | No. Drive In / Grade-Level Doors | 5 |
| Building Class | C | ||
| Zoning | BC - Business Commercial - Business Commercial Zoning in the Wolfensberger North Zoning Overlay District allows for many uses. Four units of 1,000 SF each are available | ||
| Price | $3,500,000 |
| Price Per SF | $318.18 |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.14% |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 0.68 AC |
| Rentable Building Area | 11,000 SF |
| No. Stories | 1 |
| Year Built | 2025 |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | BC - Business Commercial - Business Commercial Zoning in the Wolfensberger North Zoning Overlay District allows for many uses. Four units of 1,000 SF each are available |
AMENITIES
- 24 Hour Access
- Conferencing Facility
- Fenced Lot
- Security System
- Signage
- Storage Space
- Monument Signage
UTILITIES
- Lighting - Halogen
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Property Description: 282 Malibu Street, Unit B6 Discover 1,700± square feet of versatile industrial space tucked into the rear building of 282 Malibu Street. This single-story unit boasts a clear ceiling height of 20 feet, offering ample vertical space for storage, equipment, or creative build-outs. Access is streamlined with one overhead roll-up door for easy loading and unloading, plus a pedestrian entry for daily convenience. Whether you're expanding operations, launching a new venture, or seeking a flexible workspace, Unit B6 delivers functionality in a clean, efficient footprint
| Space | Size | Space Use | Condition | Available |
| 1st Fl - B6 | 500-1,696 SF | Flex | Full Build-Out | Now |
1st Fl - B6
| Size |
| 500-1,696 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl - B6
| Size | 500-1,696 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | Now |
Property Description: 282 Malibu Street, Unit B6 Discover 1,700± square feet of versatile industrial space tucked into the rear building of 282 Malibu Street. This single-story unit boasts a clear ceiling height of 20 feet, offering ample vertical space for storage, equipment, or creative build-outs. Access is streamlined with one overhead roll-up door for easy loading and unloading, plus a pedestrian entry for daily convenience. Whether you're expanding operations, launching a new venture, or seeking a flexible workspace, Unit B6 delivers functionality in a clean, efficient footprint
PROPERTY TAXES
| Parcel Number | 2505-023-13-004 | Improvements Assessment | $47,940 (2024) |
| Land Assessment | $32,960 (2024) | Total Assessment | $80,900 (2024) |
PROPERTY TAXES
Presented by
Aspen Enterprise Inc.
282 Malibu St
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