21 Wilcox St
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21 Wilcox St
2,818 SF 100% Leased Retail Building Castle Rock, CO 80104 $1,300,000 ($461/SF) 5.96% Cap Rate
Executive Summary
Downtown Castle Rock Investment Opportunity.
Benefit by investing in the heart of economic growth and development of Colorado’s third-fastest growing city (11.3% from 2020—2023).
Downtown Castle Rock is teeming with energy. There are hundreds of new residents and strong local businesses keeping the heart of the nearly 140-year-old community vibrant.
• Located across Wilcox from Encore, a 7-story residential condominium completed in 2021.
• Across First Street from Riverwalk, a mixed-use project with 230 apartments, 31,700 SF of office and 16,200 SF of retail.
• Just five blocks from The View, a new, $70M, 201,000-square-foot, mixed-use development due to be completed in 2025.
• Catty-corner from the Castle Rock Town Hall .
• Castle Rock Named best small city in Colorado and 15th best in the nation by WalletHub in 2024.
Benefit by investing in the heart of economic growth and development of Colorado’s third-fastest growing city (11.3% from 2020—2023).
Downtown Castle Rock is teeming with energy. There are hundreds of new residents and strong local businesses keeping the heart of the nearly 140-year-old community vibrant.
• Located across Wilcox from Encore, a 7-story residential condominium completed in 2021.
• Across First Street from Riverwalk, a mixed-use project with 230 apartments, 31,700 SF of office and 16,200 SF of retail.
• Just five blocks from The View, a new, $70M, 201,000-square-foot, mixed-use development due to be completed in 2025.
• Catty-corner from the Castle Rock Town Hall .
• Castle Rock Named best small city in Colorado and 15th best in the nation by WalletHub in 2024.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,818 SF
Building Class
C
Year Built
1940
Price
$1,300,000
Price Per SF
$461
Cap Rate
5.96%
NOI
$77,450
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.16 AC
Zoning
B2, Castle Rock - Business/Commercial
Walk Score ®
Very Walkable (70)
Bike Score ®
Very Bikeable (74)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 2505-112-17-014 | Improvements Assessment | $144,150 |
| Land Assessment | $116,670 | Total Assessment | $260,820 |
PROPERTY TAXES
Parcel Number
2505-112-17-014
Land Assessment
$116,670
Improvements Assessment
$144,150
Total Assessment
$260,820
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21 Wilcox St
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