Share This Listing

Message

942 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Bubbles Liquor World 675 Genoa Way 27,395 SF Retail Building Castle Rock, CO 80109 $11,250,000 ($410.66/SF) 6.82% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Highly-desirable Castle Rock market
  • Proximity of I-25 and Outlet Malls
  • Updated Interior Lights
  • 1.7% Retail vacancy in market
  • New Roof
  • Exterior LED screen facing I-25 off ramp

EXECUTIVE SUMMARY

Pinnacle Real Estate Advisors is pleased to present the opportunity to acquire Bubbles Liquor World, a single-tenant NNN leased asset located at 675 Genoa Way, Castle Rock, CO 80109. This 27,395 square foot freestanding building is strategically positioned in Castle Rock, one of Colorado’s most desirable and fastest-growing suburban markets.
Anchored by strong population growth and a retail vacancy rate of just 1.7% among the lowest in the state, this property is well-positioned for long-term stability. It offers excellent regional access via Interstate 25, providing seamless connectivity to both Denver and Colorado Springs. The location also benefits from proximity to one of the region’s premier retail draws, the Castle Rock Outlet Malls, which drive consistent consumer traffic to the area.
The property is 100% leased to Bubbles Liquor World, a well-established destination liquor retailer with deep roots in the Castle Rock community. Since its founding in 2010, Bubbles has grown into a regional staple, widely regarded as the go-to liquor destination in the area. In 2018, the company expanded with a 5,000-square-foot satellite location, Tiny Bubbles, to serve the fast-growing eastern portion of Castle Rock. This strategic expansion increased market share while also raising barriers to entry for competitors.
Most competing liquor stores in the area operate in significantly smaller spaces, typically under 2,000 square feet, further highlighting Bubbles Liquor World's competitive advantage in terms of scale, visibility, and customer reach.
This offering presents investors with the opportunity to acquire a stable, cash-flowing asset backed by a high-performing, entrenched tenant in a top-tier Colorado market. It is ideally suited for 1031 exchange buyers and long-term investment strategies seeking durable income and market resilience.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
27,395 SF
Building Class
B
Year Built
2004
Price
$11,250,000
Price Per SF
$410.66
Cap Rate
6.82%
NOI
$767,060
Tenancy
Single
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.21
Lot Size
2.94 AC
Zoning
PUD, Castle Rock
Parking
140 Spaces (5.11 Spaces per 1,000 SF Leased)

NEARBY MAJOR RETAILERS

Chili's Grill & Bar
Applebee's
Ruby's Diner
Chase Bank
Planet Fitness
HOTWORX
Starbucks
Sprouts Farmers Market
MAD Greens
Vitality Bowls

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2351-274-05-005
Land Assessment
$650,290
Improvements Assessment
$1,604,450
Total Assessment
$2,254,740
  • Listing ID: 35481219

  • Date on Market: 4/14/2025

  • Last Updated:

  • Address: 675 Genoa Way, Castle Rock, CO 80109

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}