Property Location: 830 New Memphis Court, Castle Rock
Property Description: 5,732-sf retail strip-center, YOC 2016, brick
Land Size: 37,462 sf
Sales Price: $3.55M, or $619.33 psf
Reception No.: 2018041051
Closing Date: 7/5
Grantor: Skyline Locust LLC, c/o Alberta Development (Donald G. Provost, mgr.)
Grantee: North Dakota Holdings LLC (Paul J. Zueger, mgr.), 303-596-0566
Comments: Listed by Matthew Henrichs, Bradley Lyons & Parker Brown of CBRE. Tenants include Mattress Firm and Vitality Bowls and is 100% occupied, with a going-in cap rate of 6.44%. See APN: 2351-274-04-018.
Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.