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3740 Dacoro Ln

3,103 SF Office/Medical Condo Unit Offered at $1,300,000 in Castle Rock, CO 80109

Investment Highlights

  • Nearby Castle Rock Hospital and Castle Rock Outlets
  • End Cap Space with Views and Natural Light
  • Conventient I-25 Access

Executive Summary

Professional Office Suite with over 3,000sq ft in the Meadows Professional Plaza near the Castle Rock Hospital. Convenient Access to I-25 and nearby Castle Rock Outlets. Currently tenant occupied with a 7% cap rate with approximately 4 years left on a 5 year term. Reception area, full kitchen suite, conference room, two restrooms, and large open collaborative workspace with separate wetbar area.

Property Facts

Price $1,300,000
Unit Size 3,103 SF
No. Units 1
Total Building Size 15,376 SF
Property Type Office (Condo)
Property Subtype Medical
Sale Type Investment
Building Class B
Floors 2
Typical Floor Size 12,275 SF
Year Built 2007
Lot Size 1.22 AC
Parking Ratio 4.5/1,000 SF

1 Unit Available

Unit 200

Unit Size 3,103 SF
Price $1,300,000
Price Per SF $418.95
Condo Use Office/Medical
Sale Type Investment
Cap Rate 8.92%
NOI $115,947
Description

Second Floor End-Cap Space - Great Views and Natural Light

Amenities

  • 24 Hour Access
  • Kitchen
  • Reception
  • Central Heating
  • High Ceilings
  • Plug & Play
  • Air Conditioning

zoning

Zoning Code PD (Planned Development)
PD (Planned Development)
  • Listing ID: 29361502

  • Date on Market: 8/24/2023

  • Last Updated:

  • Address: 3740 Dacoro Ln, Castle Rock, CO 80109

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