Adams County
Property Location: 12885 Quebec St., Thornton
Property Description: 8,885-sf retail center, YOC 2015, masonry
Land Size: 1.36 acres
Sales Price: $4.41M, or $496.34 per sf
Reception No.: 2016000067363
Closing Date: 8/16
Grantor: Drake Quebec Partners LLC, Jon Hauser, mgr.
Grantee: TSM Ventures LLC, Jon D. Stewart, pres., 217-367-8386
Financing: Cash
Comments: APN: 01571-29-4-17-008. This property sold in July 2015 for $525,000, or $8.86 per sf. This property was listed by Jason Schmidt, 303-217-7953, & Matthew Berres, 213-239-6219, of JLL. The tenants include AT&T, Supercuts, Heartland Dental, Marco’s Pizza & a Wells Fargo ATM. The property was 100% leased and sold on an in-place cap rate of 6.48%.
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.
