https://crej.com/news/new-single-tenant-retail-buildings-in-thornton-sell-at-5-8-percent-cap-rate/

1. Property Location: 581 W. 84th Ave., Thornton

Property Description: 3,044-sf retail building, YOC 2018

Land Size: 19,602 sf

Sales Price: $2.48M, or $813.07 psf

Reception No.: 4828 2019

Closing Date: 1/18/2019

Grantor: Evergreen-88th& Fox LLC by: Evergreen Devco

Grantee: VEB Properties (Virginia E. Bright, mgr.), Le Grand, CA 95333

Financing: $510,000 payable to First Savings Bank, Henderson, NV

Comments: Listed by Zach Wright, Tom Ethington & Brandon Gayeski of Pinnacle Real Estate Advisors. There is a 12% increase in the lease rate beginning with year 6, with two five-year options at the end of the 10thyear.