Building Details:
• Year Built: 1969
224 Wilcox St is located in Castle Rock, CO.
Fully leased retail center in the heart of downtown Castle Rock. Great investment property! Estimated NOI of over $56k/yr, makes this an 8% CAP rate. Retail and investment properties are very limited in this vibrant and growing town. This location, situated across the street from Festival Park, right on the main street, has awesome potential for equity protection as well as future growth.
The building owner also owns Mountain Man Store, which is, and has been, one of the tenants for the past 15+ years. That business is simultaneously for sale, listed at a separate price. Please note that the sale of the building is contingent upon the prior or simultaneous sale of the business. Please call for details.
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- Lance Somerville, agent and Rofo Pro