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$ 11,900,000
Est. payment | /mo
4.09 Acres Lot
$ 11,900,000
Est. payment | /mo
4.09 Acres Lot
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5353337
HOA Y/N No
Originating Board recolorado
Year Built 2006
Tax Year 2023
Lot Size 4.090 Acres
Acres 4.09
Property Description
This 69,811 SF school built in 2006 by Ability Connection Colorado has been subdivided into two separate schools. Currently, Vanguard Classical Charter School, the tenant in place since 2007, has a current lease through June 2027 in the 45,564 SF portion of the building being offered For Sale. Vanguard has an enrollment of over 300 students in Grades K-8, with the capacity to grow to over 500 students in the space.
The property is available as an investment or for the school owner-user group who would like to occupy the property once the lease reaches expiration. The owner of the property, ACCO, operates in the remaining ~24k square feet and has subdivided the building to create a “condominium” within the building which they are offering For Sale.
100% leased through June 2027 providing income
Modified Gross lease for annual income of $911,280
110 shared parking spaces (additional parking available at church neighbor)
Elevator, sprinkler system, and life/safety/alarm systems
Full gymnasium/multi-purpose room with stage/tiered-level computer lab
Fenced outdoor playground, exclusive use of the north field and playground
The property is available as an investment or for the school owner-user group who would like to occupy the property once the lease reaches expiration. The owner of the property, ACCO, operates in the remaining ~24k square feet and has subdivided the building to create a “condominium” within the building which they are offering For Sale.
100% leased through June 2027 providing income
Modified Gross lease for annual income of $911,280
110 shared parking spaces (additional parking available at church neighbor)
Elevator, sprinkler system, and life/safety/alarm systems
Full gymnasium/multi-purpose room with stage/tiered-level computer lab
Fenced outdoor playground, exclusive use of the north field and playground
Location
State CO
County Denver
Zoning B-1
Interior
Fireplace N
Exterior
Total Parking Spaces 110
Garage No
Building
Story 2
Sewer Public Sewer
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by CBRE, Inc. • monica.wiley@cbre.com,303-583-2013
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Tammy Hein
Broker-Associate, REALTOR® | Lic# ER 40015768