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Big O Tires - Castle Rock, CO

The subject property is a corporate guaranteed NNN lease Big O Tires located on 508 East Castle Pines Parkway in Castle Rock, Colorado. The site sits on a nestled corner with a large 1.14 acre lot just off Interstate 25 and Castle Pines Parkway. The building has 5,500 square feet, six vehicle service bays, and 21 parking spaces. There are just over six years left on the lease with two five-year renewal options.

The region is predominantly residential. It is located just off of the I-25 freeway (Highway 87), a major thoroughfare connecting the cities of Colorado Springs and Denver. A vast amount of cars and trucks pass by on a daily basis, through the city of Castle Rock into the surrounding cities.

Other retailers in the surrounding area include: Safeway Market, Starbucks, Papa John’s, Little Italy Pizzeria, Subway, Walgreens, King Soopers, Popeye’s Chicken & Biscuits, UPS Store, Discount Tire, and many popular yet regional retailers.

Additional Info

  • Address: : 508 East Castle Pines, Castle Rock, CO 80108
  • Price: : $1,935,000
  • Net Rentable Area: : 5,500
  • Lot Size (Acres): : 1.14
  • CAP Rate: : 7.80%
  • Price Per Sqft: : $363.64
  • NOI: : $152,280
  • Year Built: : 2004
  • Status: : SOLD