NavPoint Real Estate Group Sells Single Tenant Industrial Building in Castle Rock for $1,975,000

Castle Rock, CO, January 17, 2015 --( NavPoint Real Estate Group is pleased to announce the sale of 1050 Topeka Way a Single Tenant Industrial/Office Building in Castle Rock. This 15,683 SF building is located off of Plum Creek Pkwy 3 blocks from Interstate 25. The building was constructed in 2002, and is located in the Citadel Station development. The property is occupied in its entirety by Max Fire Apparatus. The seller was RHI, LLC, the purchaser was TJTM Castle Rock, LLC. Matt Call of NavPoint Real Estate Group handled the sale. This transaction successfully closed in late December for $1,975,000 or $126/SF.

NavPoint Real Estate Group is a comprehensive Commercial Real Estate Services and Investment Firm with office locations in Denver, Castle Rock and Colorado Springs, Colorado. The company provides a wide array of services including Exclusive Brokerage Representation, Property/Asset Management, Consulting, and Investment throughout Colorado and the Western US covering all Commercial Property types. NavPoint brings an acute local market understanding combined with national reach and access to credit tenants and buyers to every client assignment. The firm is currently involved in the exclusive brokerage, ownership, or management or over 1,000,000 SF of commercial real estate covering all property types.
Navpoint Real Estate Group
Matt Call