Castle Rock Industrial at the Meadows represents the rare opportunity to acquire two new build Class A industrial buildings in Castle Rock, Colorado with 4.6 acres of fenced yard. CRIM enjoys quick access to I-25 and Hwy 85, offering the ability to service Douglas County’s booming population as well as the rest of the Denver metro area. The rent roll is comprised of seven tenants with varying unit sizes, and weighted average in-place rents of $13.99/SF NNN.

With 6.30 years of WALT on the rent roll, investors are able to achieve stable cash flow in a 100% leased property. The subject properties are perfectly located to capitalize on Douglas County’s strong demographics as the fastest growing county in Colorado, and represent the two largest non-owner/user buildings in Castle Rock. The leasing success compared to the competitive set further demonstrates the attractiveness of the subjects.

Located in Douglas County, the fastest growing county in Colorado

Quick access to I-25 and Hwy 85 offers strong access to the Denver metro area

Substantial yard in non-BTS new construction is a rarity for the entire metro area

Extremely unique for the area as the two largest non-owner/user buildings in Castle Rock

Strong parking ratio at 1.26/1,000 for each building

Convergence of tenants from the surrounding area demonstrates desirability

3563 Timber Mill Parkway

3593 Timber Mill Parkway


 

T.J. Smith, SIOR
+1 303 283 4576
tj.smith@colliers.com

Brad Calbert, ULI, NAIOP
+1 303 283 4566
brad.calbert@colliers.com

Nick Rice
+1 720 833 4620
nick.rice@colliers.com

Tim Shay
+1 303 283 4594
tim.shay@colliers.com

Tim Morris
+1 720 833 4630
tim.morris@colliers.com