Texas developer snags 1.15-acre site in Thornton

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Adams County

Property Location: SWC E. 120thAve. & Holly St.

Property Description: Vacant retail site, plan to build 8,300-sf strip center anchored by Kum & Go

Land Size: 50,312 sf

Sales Price: $737,339, or $14.66 psf

Reception No.: 63104 2018

Closing Date :8/6

Grantor: 120thHolly St. LLC, Rick Neistat & DND (Dory Doud), mgrs.

Grantee: VRE Thornton LLC, c/o Verdad Real Estate, 303-586-2843, Lucas Michieli, Denver office, Jason Keen, 817-912-0222

Comments: See File plat Lot 5-C, Skylake Ranch, Filing No. 4, 1172 2017. This site was listed by David Hicks Lampert, Allen Lampert & Steve Yeager, 303-459-4108. Inline retail space is being offered at $21 to $24 psf triple net.

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.

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