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City of Thornton lands proposed 85,000-sf, two-story charter school

Adams County

Property Location: Northwest corner Grant St. & Grant Drive, fronts on east side of Interstate 25, 1/8 mile south of E. 128thAve., Thornton

Property Description: Vacant land

Land Size: 14.721 acres

Sales Price: $2.3M, or $3.57 psf

Reception No.: 2018000100822

Closing Date: 12-14-18

Grantor: Banner Health, Rebecca Kuhn, COO, Phoenix, AZ 85012; see www.bannerhealth.com

Grantee: Global Village Academy-Northglenn Building Corp., Brian Davisson, pres.

Financing: $20.32M payable to Colorado Educational and Cultural Facilities

Comments: See APN: 1573-34-1-01-001 & 002. The building will contain 85,000 sf with 40 classrooms, a music room, art room, two science labs, two technology labs, flex space, administrative office, gymnasium and a cafetorium. The campus will include parking, playground area and soccer field. The underwriter for the loan is UMB Bank.

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.