Property Location: Near southeast corner of Interstate 25 & East 168th Avenue
Property Description: Vacant retail site, plans for Top Golf Entertainment Center
Land Size: 12.6686 acres
Sales Price: $5.16M, or $9.36 psf
Reception No.: 74031 2018
Closing Date: 9/11
Grantor: Thornton 164 LLC (Jordon Perlmutter Co., Jay Perlmutter, pres.)
Grantee: EPR Thornton Holdings LLC (Michael L. Hirons, VP), 816-472-1700
Comments: Top Golf Holdings LLC (the tenant) executed a long-term lease of 20 years plus six successive options of five years each. This will be the second Top Golf site in Colorado. The first site opened in Centennial Colorado in 2015. An 65,000-sf entertainment center with 170-foot-high safety net with 102 bays is planned for the 12.67-acre site.
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.