Service Street | New Investment Opportunity

7282 Lagae Rd Lagae Road Castle Pines, CO 80108

7282 Lagae Rd Lagae Road , Castle Pines, CO, 80108
7282 Lagae Rd Lagae Road , Castle Pines, CO, 80108
FOR SALE NNN Property
Property Type:
Single Tenant Retail (NNN)
Amount:
$4,075,000
Cap Rate:
6.00%
Last Verified:
Mar 07, 2024

- EXCELLENT RETAIL SYNERGY Subject property is located within The Shoppes at Castle Pines, the only business district in the City of Castle Pines, where it shares parking with King Soopers (grocery) and other retail users. - EASY HIGHWAY ACCESS Subject property sits just off of I-25, Colorado’s primary North/South thoroughfare, which sees over 144,000 VPD (Placer.ai). - AFFLUENT AREA Subject property is surrounded by more than 75,000 residents within 5 miles, boasting an average annual household income exceeding $212,000 (Sites USA 2023). - STRONG EXPECTED GROWTH Within a 5 mile radius, the area’s population is expected to grow by another 6000 residents in the next 5 years (Sites USA 2023).

Additional URLs

Map of 7282 Lagae Rd Lagae Road , Castle Pines, CO, 80108

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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.