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Office Medical

Downtown Castle Rock Medical Office Building

755 S Perry St, Castle Rock, CO 80104

Listing Price: Request For Offer

Rentable SF
16,649
Occupancy
83.3%
Year Built
1996
Lot Size
2.07 acres

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to offer for sale the Downtown Castle Rock Medical Office Building located at 755 S. Perry St. Castle Rock, CO. The property has approximately 16,649 square feet of rentable space and is 83 percent occupied.

The Downtown Castle Rock Medical Office Building was built in 1983 and renovated in 2002. The property presents an investor or owner/user with a value-add opportunity to acquire an multi-tenant office building in Castle Rock, Colorado. Recent upgrades include new HVAC systems in 2020 and ongoing installation of a new roof by the owner, ensuring improved operational efficiency and reduced maintenance costs. Furthermore, the parking lot was re-striped and updated in 2022, providing ample convenience with 87 surface parking spaces, equivalent to a ratio of 5.2 spaces per 1,000 square feet. Additionally, the inclusion of an elevator servicing the second floor enhances accessibility and usability.

The multi-tenant medical office building is conveniently located adjacent to I-25, with excellent visibility and easy access to the property. The subject property benefits from strong demographics, serving a five-mile population of approximately 75,047 residents with a five-mile average household income exceeding $158,727.

Investment Highlights

  • Owner/User Or Value-Add Opportunity
  • Upside Through Leasing Vacant Space At Market Rate
  • Located just off of Plum Creek Pkwy and I-25
  • Medical And Professional Co-Tenancy
  • Upside Through Leasing Up Vacant Space
  • High Income Area With A Five-Mile Average Household Income Exceeding $158,727
  • Pending New Roof Installation

Exclusively Listed By

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) CO: ER100091205

    Colorado

Financing By

Office Medical

Downtown Castle Rock Medical Office Building

Listing Price: Request For Offer

Rentable SF
16,649
Occupancy
83.3%
Year Built
1996
Lot Size
2.07 acres

Investment Highlights

  • Owner/User Or Value-Add Opportunity
  • Upside Through Leasing Vacant Space At Market Rate
  • Located just off of Plum Creek Pkwy and I-25
  • Medical And Professional Co-Tenancy
  • Upside Through Leasing Up Vacant Space
  • High Income Area With A Five-Mile Average Household Income Exceeding $158,727
  • Pending New Roof Installation

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to offer for sale the Downtown Castle Rock Medical Office Building located at 755 S. Perry St. Castle Rock, CO. The property has approximately 16,649 square feet of rentable space and is 83 percent occupied. The Downtown Castle Rock Medical Office Building was built in 1983 and renovated in 2002. The property presents an investor or owner/user with a value-add opportunity to acquire an multi-tenant office building in Castle Rock, Colorado. Recent upgrades include new HVAC systems in 2020 and ongoing installation of a new roof by the owner, ensuring improved operational efficiency and reduced maintenance costs. Furthermore, the parking lot was re-striped and updated in 2022, providing ample convenience with 87 surface parking spaces, equivalent to a ratio of 5.2 spaces per 1,000 square feet. Additionally, the inclusion of an elevator servicing the second floor enhances accessibility and usability. The multi-tenant medical office building is conveniently located adjacent to I-25, with excellent visibility and easy access to the property. The subject property benefits from strong demographics, serving a five-mile population of approximately 75,047 residents with a five-mile average household income exceeding $158,727.

Exclusively Listed By

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): CO: ER100091205

    Colorado

Financing By

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