Service Street | Castle Rock, CO | Brand New NNN Opportunity

3811 Sol Danza Dr Castle Rock, CO 80109

3811 Sol Danza Dr , Castle Rock, CO, 80109
3811 Sol Danza Dr , Castle Rock, CO, 80109 3811 Sol Danza Dr , Castle Rock, CO, 80109 3811 Sol Danza Dr , Castle Rock, CO, 80109
FOR SALE NNN Property
Property Type:
Single Tenant Retail (NNN)
Amount:
$4,077,000
Cap Rate:
6.00%
Last Verified:
Mar 11, 2024

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ROBUST DEMOGRAPHICS Surrounded by nearly 81,000 residents with an average household income of over $151,000 within a 5-mile radius (Placer.ai). PLANNED DEVELOPMENT Located within The Meadows, a planned development that will bring retail uses and nearly 1,500 residential units to the area. STRONG RETAIL SYNERGY Nearby tenants include CVS, Walmart, The Home Depot, Dick’s Sporting Goods, PetSmart, Chick-fil-A, and many more. ACCESSIBILITY TO MAJOR HIGHWAYS 1-mile from Interstate 25 (+70,000 VPD) and CO-86 (+29,000 VPD), Colorado’s main north/south and west/east thoroughfare, respectively (Placer.ai).

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Map of 3811 Sol Danza Dr , Castle Rock, CO, 80109

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.