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801 Yosemite St - Vanguard Classical Charter School 69,811 SF Specialty Building Offered at $14,500,000 at a 6.28% Cap Rate in Denver, CO 80230

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INVESTMENT HIGHLIGHTS

  • K-8 School Section Leased through June 2027 to Vanguard
  • Seller (ACCO) prepared to leaseback remaining ~24K SF on a long term basis
  • Full gymnasium/multi-purpose room with stage, tiered level computer lab
  • Modified Gross lease for annual income of $911,280
  • Seller (ACCO) occupied space to be leased back contains 12 early childhood care classrooms and commercial kitchen
  • Elevator, sprinkler system, and life/safety/alarm systems; Fenced outdoor playground

EXECUTIVE SUMMARY

This 69,811 SF school built in 2006 by Ability Connection Colorado is divided 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, K-8 portion of the building being offered For Sale. Vanguard has an enrollment of over 300 students Grades K-8, with 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 current owner of the property, ACCO, operates an early childhood care facility from the first floor portion of the remaining 24k SF and has administrative office on the second floor. ACCO is interested in leasing back all or a portion of the 24K SF in the event of a sale to a User or Investor.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $14,500,000
Price Per SF $207.70
Sale Type Investment or Owner User
Cap Rate 6.28%
Sale Condition Sale Leaseback
Property Type Specialty
Property Subtype School
Building Class B
Lot Size 4.09 AC
Building Size 69,811 SF
No. Stories 2
Year Built 2006
Parking Ratio 1.58/1,000 SF
Zoning B-1

AMENITIES

  • Smoke Detector
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6044-00-033
Land Assessment
$2,137,000
Improvements Assessment
$3,407,400
Total Assessment
$5,544,400
  • Listing ID: 33241609

  • Date on Market: 9/19/2024

  • Last Updated:

  • Address: 801 Yosemite St, Denver, CO 80230

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