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Thornton Data Center 12121 Grant St

267,117 SF 58% Leased Office Building Thornton, CO 80241 $30,000,000 ($112/SF) 8.33% Cap Rate

Investment Highlights

  • Over $20MM invested into infrastructure upgrades and tenant improvements.
  • High amount of visibility and is easily seen from I-25.
  • Current occupancy is at 65%.
  • Quick access to Downtown Denver, which is only 10 miles away.

Executive Summary

Marcus & Millichap is pleased to present 12121 Grant St, located in Thornton, CO 80205. This 267,117 SF building features office and data center space. The steel construction building is 7-stories high and sits on 12 acres of land. The facility is situated in the Washington Square Business Park, which is home to many businesses and communication companies, most notably Google. The building provides a high amount of visibility and is easily seen from I-25, Colorado’s most traveled interstate. You have quick access to Downtown Denver, which is only 10 miles away.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Telecom Hotel/Data Hosting
Building Size
267,117 SF
Building Class
B
Year Built/Renovated
1987/2014
Price
$30,000,000
Price Per SF
$112
Cap Rate
8.33%
NOI
$2,500,000
Percent Leased
58%
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
37,057 SF
Slab To Slab
12’
Building FAR
0.51
Lot Size
12.00 AC
Zoning
BP - Business Park -Thornton
Parking
481 Spaces (2.07 Spaces per 1,000 SF Leased)

Amenities

  • Conferencing Facility
  • Raised Floor
  • Security System
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 4th Fl-Ste 1
  • 9,000-21,886 SF
  • Office
  • Full Build-Out
  • Now

Contiguous up to a total of 113,425 square feet

  • 5th Fl-Ste 1
  • 9,000-17,425 SF
  • Office
  • Full Build-Out
  • Now

Contiguous up to a total of 113,425 square feet

  • 6th Fl-Ste 1
  • 9,000-37,057 SF
  • Office
  • Full Build-Out
  • Now

Contiguous up to a total of 113,425 square feet

  • 7th Fl-Ste 1
  • 9,000-37,057 SF
  • Office
  • Full Build-Out
  • Now

Contiguous up to a total of 113,425 square feet

Space Size Space Use Condition Available
4th Fl-Ste 1 9,000-21,886 SF Office Full Build-Out Now
5th Fl-Ste 1 9,000-17,425 SF Office Full Build-Out Now
6th Fl-Ste 1 9,000-37,057 SF Office Full Build-Out Now
7th Fl-Ste 1 9,000-37,057 SF Office Full Build-Out Now

4th Fl-Ste 1

Size
9,000-21,886 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

5th Fl-Ste 1

Size
9,000-17,425 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

6th Fl-Ste 1

Size
9,000-37,057 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

7th Fl-Ste 1

Size
9,000-37,057 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Fl-Ste 1

Size 9,000-21,886 SF
Space Use Office
Condition Full Build-Out
Available Now

Contiguous up to a total of 113,425 square feet

5th Fl-Ste 1

Size 9,000-17,425 SF
Space Use Office
Condition Full Build-Out
Available Now

Contiguous up to a total of 113,425 square feet

6th Fl-Ste 1

Size 9,000-37,057 SF
Space Use Office
Condition Full Build-Out
Available Now

Contiguous up to a total of 113,425 square feet

7th Fl-Ste 1

Size 9,000-37,057 SF
Space Use Office
Condition Full Build-Out
Available Now

Contiguous up to a total of 113,425 square feet

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1573-34-0-04-021
Land Assessment
$914,840
Improvements Assessment
$4,595,160
Total Assessment
$5,510,000
  • Listing ID: 25940808

  • Date on Market: 6/15/2022

  • Last Updated:

  • Address: 12121 Grant St, Thornton, CO 80241

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