Douglas County
Property Location: West corner of Meadows Blvd. & Ambrosia St., Castle Rock
Property Description: Vacant retail pad site, proposed pharmacy
Land Size: 82,247 sf
Sales Price: $1.69M, or $20.59 psf
Reception No.: 2018016904
Closing Date:3/23
Grantor: Castle Rock Dev, Stephanie L. McCandless, pres., 303-394-5521
Grantee: CVS 11104 CO LLC, One CVS Drive, Woonsocket, RI 02895
Comments: Lot 1-1 Block 2, The Meadows Filing No. 20, Phase 1, Amendment No. 12; see file plat recorded via 2018013815. This will be store No. 11104.
There is also a 204-unit apartment planned on 12.06 acres, including 12 studio units, 78 one-bedroom units, 96 two-bedroom units and 18 three-bedroom units. The building will contain 16.92 dwelling units per acre. There will be 24 attached garages, 18 detached garages, one ADA-accessible detached garage, 276 surface parking spaces (including 13 ADA surface, 18 driveway apron parking spaces, 17 clubhouse parking spaces), which totals 324 uncovered spaces and 43 garage spaces. The developer is Continental 410 Fund LLC, Eric Gumm, 262-502-5500.
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.
