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TOWER PLACE LOTS 2B & 2C Arvada, CO Industrial Development Land Offering Memorandum

Transcript of Offering Memorandum - images4.loopnet.com · The presence of any corporation’s logo or name is...

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TOWER PLACE LOTS 2B & 2CAr vada, CO I ndustr ia l Development Land

Offering Memorandum

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N O N - E N D O R S E M E N T & D I S C L A I M E R N OT I C ECO N F I D E N T I A L I T Y & D I S C L A I M E RThe information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap. All rights reserved.

N O N - E N D O R S E M E N T N OT I C EMarcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

A L L P R O P E R T Y S H O W I N G S A R E BY A P P O I N T M E N T O N LY.

P L E A S E CO N S U LT YO U R M A R C U S & M I L L I C H A P AG E N T F O R M O R E D E TA I L S .

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TO W E R P L AC E LOT S 2 B & 2 C12545 & 12595 W. 54 T H D R I V E , A R VA DA , CO LO R A D O 80002

BRANDON KRAMERSenior Associate | Director, NOIPG

Denver OfficeMobile 605.390.1248 Office 303.328.2020

[email protected] CO FA100045203

JACOB ROCKERAssociate Broker

Denver OfficeMobile 480.235.8493Office 303.328.2023

[email protected] CO FA100073333 License AZ SA585017000

E XC LU S I V E LY L I S T E D BY

O F F I C E S N A T I O N W I D E A N D T H R O U G H O U T C A N A D A

WWW.MARCUSMILLICHAP.COM

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B U I L D R E A DY LOT S ZO N E D F O R I N D U S T R I A L , O F F I C E O R CO M M E R C I A L

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01 15

05 19

EXECUTIVE SUMMARYS E C T I O N 1 Investment Overview • Investment Highlights

COMPE TITIVE COMPARABLESS E C T I O N 4 Sales Comparables • Rent Comparables

PROPER T Y DESCRIPTIONS E C T I O N 2 Property Details • Regional Map • Property Photos

MARKET OVERVIEWS E C T I O N 5 Location Overview • Location Highlights

TA B L E O F CO N T E N T S

EXCLUSIVELY LISTED BY:

TO W E R P L AC E LOT S 2 B & 2 C12545 & 12595 W. 54 T H D R I V E , A R VA DA , CO LO R A D O 80002

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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the infor-mation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment

Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap ACT ID Z0050548

$9.50LAND PRICE PER SQUARE FOOT

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EXECUTIVESUMMARY

TOWER PLACE LOTS 2B & 2C

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O F F E R I N G H I G H L I G H T S

O F F E R I N G P R I C E

$862,610P R I C E P E R / S F

$9.50

VITAL DATA

Price $862,610

Price/SF $9.50/SF

Acres 2.084 Acres (Can be bought separately, 1.04 Acres each)

Gross Square Feet 90,801 SF

Zoning PUD-I

TO W E R P L AC E LOT S 2 B & 2 C1 2 4 5 & 1 2 5 9 5 W . 5 4 T H D R , A R V A D A , C O 8 0 0 0 2

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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the infor-mation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment

Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap ACT ID Z0050548

90,801TOTAL PROPERTY SQUARE FOOTAGE

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PROPER T YDESCRIPTION

TOWER PLACE LOTS 2B & 2C

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P R O P E R T Y D E TA I L S

Marcus & Millichap has been selected to exclusively market for sale Tower Place Lots 2B & 2C, 12545 & 12595 W. 54th Drive, Arvada, CO 80002.

The property is a total of 2.08 Acres (90,801 SF) located in Arvada, CO along Ward Road and 54th Drive. Each site offers unobstructed views of the surrounding Front Range. Tower Place can be ac-cessed by a signalized intersection and another full access intersection.

The property is zoned PUD-I, listed as Intended to promote the grouping of industrial uses in such a manner that they provide well planned parking, access, landscaping and harmonious relation-ships between structures. Current zoning allows for most uses.

The seller can provide a soils report, phae-1, survey and engineering plans. Utilities are located adjacent to the building site. Each site is level and ready to build.

The area has seen a great deal of development including many corporate offices and allows the future owner to join several brand new buildings in one of Denver’s best submarkets.

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54th Dr

Ward Rd

SITE

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Tower Place 2B & 2C

Tower Place 2B & 2C

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LO C AT E D I N T H E W E S T M E T R O D E N V E R S U B U R B

O F A R VA DA , CO

Tower Place 2B & 2C

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S H O V E L R E A DY D E V E LO P M E N T

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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the infor-mation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment

Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap ACT ID Z0050548

$413,821PRICE PER ACRE

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COMPARABLEPROPERTIES

TOWER PLACE LOTS 2B & 2C

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209

125

163

805

56

5252

1594

5

5

8

8

15

15

5

Encinitas

Solana Beach

Del Mar

Torrey Pines

La Jolla

Ocean Beach

Point Loma

National City

Spring Valley

Paci�c Beach

Mission Bay

Carmel Valley

FairbanksRanch

RanchoSanta Fe

Universal City

Miramar

Scripps Ranch

Poway

CarmelMountain

Ranch

BlackMountain

Ranch

RanchoPenasquitos

La Presa

Coronado

Mira Mesa

San Diego

PROPERTY NAME SALES PRICE SALE DATE SF PSF

Tower Place Lots 2B & 2C $862,610 TBD 90,801 $9.50

1. 54th Drive $305,000 12/21/16 43,560 $7.00

2. 12550 W 54th Drive $250,000 3/24/16 33,541 $7.45

3. 5475 Ward Road $474,000 5/10/17 56,000 $8.46

4. 5445 Ward Road $378,000 TBD 37,801 $10.00

S A L E S CO M PA R A B L E S – S U M M A R YAccording to the comparable sales study conducted in September 2018, there were eight similar comparable sales, all within the Tower Place development. The site attributes and proposed use of the subject lots are comparable to the sales comparable properties. Based on this study, we believe our suggested list price is correct and we can expect offers within the suggested price range.

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163

805

56

5252

1594

5

5

8

8

15

15

5

Encinitas

Solana Beach

Del Mar

Torrey Pines

La Jolla

Ocean Beach

Point Loma

National City

Spring Valley

Paci�c Beach

Mission Bay

Carmel Valley

FairbanksRanch

RanchoSanta Fe

Universal City

Miramar

Scripps Ranch

Poway

CarmelMountain

Ranch

BlackMountain

Ranch

RanchoPenasquitos

La Presa

Coronado

Mira Mesa

San Diego

1 42

3Tower Place 2B & 2C

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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the infor-mation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment

Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap ACT ID Z0050548

83,736TOTAL POPULATION WITHIN 3-MILE RADIUS

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MARKE TOVERVIEW

TOWER PLACE LOTS 2B & 2C

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Regional Transportation District (RTD) Anticipated to be completed in 2017, the Gold (G) Line will connect Denver’s Union Station to Wheat Ridge, via Northwest Denver, Adams County and Arvada, with a 25 minute total travel time. Three of the eight stations for the Line are located in Arvada with the following estimated travel times to Union Station:

• Arvada Ridge Station – Located just southwest of Ridge Road and Kipling Parkway – 20 minutes to Union Station.

• Olde Town Arvada Station – Located south of Grandview Avenue between Vance Street and Olde Wadsworth Boulevard in Historic Olde Town Arvada – 17 minutes to Union Station.

• 60th & Sheridan – Arvada Gold Strike – Located southeast of Sheridan Blvd. and 60th Avenue – 13 minutes to Union Station.

The Gold (G) Line is part of the Eagle P3 Project, $2.2 billion, 36-mile commuter rail public-private partnership that includes funding from a $1.03 billion federal grant, $450 million in private financing from Denver Transit Partners and Region Transportation District sales tax bonds and local matching for the remainder of the budget.

Jefferson ParkwayThe Jefferson Parkway represents the last unbuilt 10 miles of the Denver Metro Beltway. The right of way is 100% assembled and the project is now in a review process with CDOT to define how the Parkway will connect with State Highways 93, 72, and 128. The Board in 2017 will develop a procurement process to identify a private partner to design, construct, operate, maintain and finance the Jefferson Parkway. www.JPPHA.org

Major Interstate Highways • I-70 is a major coast-to-coast, east-west artery.

• I-76 connects Denver to Northeastern Colorado.

• I-25 is a major north-south transportation artery.

HOME WORK

COMMERCIAL REAL ESTATEAverage rent per square foot

Retail $ 15.98Office $ 18.02Industrial/Flex $ 10.89

Source: CoStar

If you are looking for commercial space, go to Arvada EconomicDevelopment.org/CommercialProperty Search or call the AEDA office at 720.898.7010.

TAX REPORT Arvada Sales Tax Rate 3.46%

Combined Total Sales Tax Rates (City, County, & State)

Jefferson County 7.96%Adams County 8.21%

Arvada Property Tax Rate 4.31 mill levy

Arvada Enterprise ZoneLearn more about state tax credits and if an Arvada property is located in the enterprise zone at AdvanceColorado.com/EZ.

Colorado Tax Rates Colorado Individual Income Tax Rate 4.63%Colorado Sales Tax Rate 2.9%

Colorado Sales Tax Exemptions Go to Colorado.gov/tax for a complete list of State sales tax exemptions including Machinery and Machine Tools and Sales/Use tax exemptions.

MAJOR EMPLOYERS 50+Employees Product/Service Easter-Owens Manufacturing King Soopers RetailLowe’s Retail Mark VII Manufacturing Prescient ManufacturingSam’s Club Retail Sonsio Inc. Warranty Sundyne Manufacturing Swinerton Builders ConstructionTest America Laboratories Inc. Environmental Testing Lab Wanco Manufacturing

COMMERCIAL VACANCY RATESource: Xceligent.comArvada Denver Metro

12%

9%

6%

3%

0%

Office

7.3%

4.6%4.1%

10.7%

4.8%

1.8%

Industrial Office Retail

CIVILIAN LABOR FORCE: 316,483 Jefferson County | 254,196 Adams County | 1,558,007 Metro Denver/Aurora

COST OF LIVING

City All Items Index Composite Grocery Housing Utilities Transportation Healthcare Misc. Goods &

Services

Salt Lake City, UT 93.8 95.3 92.4 78.4 109.3 91.9 94.6

Denver, CO 110.4 106.3 131.9 92.6 104.2 106.8 102.4

Chicago, IL 118.5 108.5 144.8 94.9 125.7 102.7 108.2

Los Angeles, CA 142.3 112.4 223.1 106.3 133.5 110.3 106.8

Austin, TX 96.7 86.9 94.8 102.9 98.3 102.7 99.1

New York City, NY 228.2 128.2 465.9 127.1 133.6 115.6 148

Boston, MA 148.1 105.7 201.2 158 112.6 133.5 131.3

Source: 2016 Annual Average Data, Cost of Living Index, produced by C2ER, coli.org

LABOR FORCEUnemployment Rate in percent

6.0

5.0

4.0

3.0

2.0

JeffersonCounty

3.0%3.7% 3.2%

2.8% 2.9%

4.8%

Denver County Metro Denver/ Aurora area

Colorado U.S.

Source: COworkforce.com, Jan 2017 statistics.

Adams County

INCOMEMedian Household Income Per Capita Income in thousands

$70

$60

$50

$40

$30

$20

Arvada Denver Colorado U.S. Source: www.esri.com, 2016 estimate (in thousands)

70,950

36,042

65,77760,903

54,149

35,661 33,21529,472

EDUCATION

Source: Denver Metro Apartment Vacancy & Rent Fourth Quarter 2016 Report

HOME RENTALS

$1,333 Average monthly rent

4.1% Rental vacancy

Primary Education Jefferson County Public Schools has been providing educational excellence for more than 60 years. Approximately nine percent of all K-12 students in Colorado attend a Jefferson County school, which is over 86,000 students at 155 schools on 168 campuses. The district’s mission is to provide a quality education that prepares all children for a successful future.

Jefferson County Public Schools will open a new school, Three Creeks K-8, for the 2017-18 school year. Located in the Candelas area (West Arvada), the school will be part of the Ralston Valley artic-ulation area offering grades K-6 the first year. The District will also be expanding Sierra Elementary which will be completed and ready to open in the Fall 2017. Both projects represent the district’s initial steps to address the enrollment growth in northwest Arvada. JeffcoPublicSchools.org

Higher EducationArvada is home to a Red Rocks Community College campus located northwest of I-70 and Kipling Boulevard. In August 2016, RRCC Arvada opened its $22.5 million campus expansion that tripled the size and capacity of the location. This campus features two-year associate degrees and founda-tion courses that transfer to four-year universities, a SmartTrack program with pre-scheduled sequences of courses, a nursing partnership with University of Colorado, and all of the college’s health science programs, including a Master’s degree in Physician Assistant Studies. RRCC.edu/Arvada

The Metro Denver area is home to: 5 Four-year state colleges and universities 9 Private four-year universities 9 Two-year colleges

Public schools in Arvada:Elementary (K-8) 21Middle schools (7-8) 4High schools (9-12) 4Option School 1Charter schools 4

$15 .98 AVG. RETAIL RENT per square foot

$382,992 AVG. HOME PRICE in Arvada

3 .46% SALES TAX RATE in Arvada

2,564PROPERTIES SOLDin 2016

316,483JEFFERSON COUNTYcivilian labor force

86,000 STUDENTS ATTEND Jeffco Public Schools

LIFE

PARKS & RECThere are 122 parks within the Arvada city limits including 3 skate park facilities, a dog park, 2 disc golf courses, tennis center, 3 golf courses, 66 playgrounds, 70 sports fields, 1 splash pad, 1 interactive fountain, 7 sports complexes, 29 undeveloped open space areas, Two Ponds National Wildlife Refuge, 1 Indoor and 1 outdoor Equestrian Center, and Majestic View Nature Center. Overall the Parks department manages 3,400 acres of parks, open spaces and trails.

APEX Parks & Recreation DistrictIn 2017, Apex Park and Recreation District is expanding and improving, thanks to a May 2016 voter-approved bond issue. These exciting changes will enable the district to connect with more citizens and provide quality, affordable and accessible community recreation. Apex PRD offers hundreds of activities at dozens of year-round and seasonal facilities throughout Arvada. ApexPRD.org

ARTS & CULTURE Arvada Center for the Arts and Humanities Since its opening in July 1976, the award winning Arvada Center for the Arts and Humanities has grown to become one of the nation’s largest multidisciplinary arts centers, dedicated to many aspects of the arts, including theatre, music, dance, visual arts, humanities and education. Host to over 300,000 visitors a year, the Center offers a full theatre season; Summer Stage outdoor concert series showcasing local and national performing artists; world-class art exhibitions with emphasis on Colorado artists; historical museum exhibitions; camps and classes for children and adults of all ages and skill levels in ceramics, drama, dance, music, writing, visual arts and more. The Center also includes Arvada Events which is a banquet facility for corporate and social gatherings. ArvadaCenter.org

TOURISMThe Arvada Visitors CenterStop by the Arvada Visitors Center for recommendations about where to shop, eat, play, and live in Denver’s premier northwest suburb. Located in Historic Olde Town at 7305 Grandview Avenue, the Visitors Center is open year-round and offers hundreds of brochures to help you plan your visit to Colorado’s 7th largest city. Looking to relocate to the area? Pick up an Arvada Relocation Guide and compli-mentary Welcome Bag – full of fun surprises from area businesses. VisitArvada.org

122 PARKS in Arvada

3,900 ACRES of parks, trails, and open spaces properties

149 MILES of hiking, biking and horseback riding trails

TRANSPORTATION

• Package Service – All the major carriers provide one-day service to anywhere in the United States.

• Truck Service – Trucking transportation companies are available in the Metro Denver area.

• Rail Service – Freight provided by Burlington Northern Santa Fe Railway and Union Pacific Railroad.

Denver International Airport (DIA) DIA is the 15th-busiest airport in the world and the fifth-busiest airport in the United States; with more than 53 million passengers each year. DIA is the primary economic engine for the state of Colorado, generating more than $26 billion annually. FlyDenver.com

• 35 minute nonstop drive on I-70 from Arvada.

• 19 commercial carriers with more than 170 destinations nonstop. DIA boasts the third-

largest domestic network with nonstop service to more than 150 U.S. destinations and also provides nonstop service to 20 international destinations in nine countries.

Rocky Mountain Metropolitan Airport (RMMA) RMMA offers many amenities including 24/7 U.S. Customs Services available. Situated between Denver and Boulder on U.S. Highway 36, RMMA is the closest airport to both cities. Jeffco.us/Airport

AIR

GROUND

FREIGHT

New G- LineCOMMUTER RAIL to be completed soon

One Day FREIGHT PACKAGE service anywhere in the U.S.

53 million PASSENGERS travel through DIA each year

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Regional Transportation District (RTD) Anticipated to be completed in 2017, the Gold (G) Line will connect Denver’s Union Station to Wheat Ridge, via Northwest Denver, Adams County and Arvada, with a 25 minute total travel time. Three of the eight stations for the Line are located in Arvada with the following estimated travel times to Union Station:

• Arvada Ridge Station – Located just southwest of Ridge Road and Kipling Parkway – 20 minutes to Union Station.

• Olde Town Arvada Station – Located south of Grandview Avenue between Vance Street and Olde Wadsworth Boulevard in Historic Olde Town Arvada – 17 minutes to Union Station.

• 60th & Sheridan – Arvada Gold Strike – Located southeast of Sheridan Blvd. and 60th Avenue – 13 minutes to Union Station.

The Gold (G) Line is part of the Eagle P3 Project, $2.2 billion, 36-mile commuter rail public-private partnership that includes funding from a $1.03 billion federal grant, $450 million in private financing from Denver Transit Partners and Region Transportation District sales tax bonds and local matching for the remainder of the budget.

Jefferson ParkwayThe Jefferson Parkway represents the last unbuilt 10 miles of the Denver Metro Beltway. The right of way is 100% assembled and the project is now in a review process with CDOT to define how the Parkway will connect with State Highways 93, 72, and 128. The Board in 2017 will develop a procurement process to identify a private partner to design, construct, operate, maintain and finance the Jefferson Parkway. www.JPPHA.org

Major Interstate Highways • I-70 is a major coast-to-coast, east-west artery.

• I-76 connects Denver to Northeastern Colorado.

• I-25 is a major north-south transportation artery.

HOME WORK

COMMERCIAL REAL ESTATEAverage rent per square foot

Retail $ 15.98Office $ 18.02Industrial/Flex $ 10.89

Source: CoStar

If you are looking for commercial space, go to Arvada EconomicDevelopment.org/CommercialProperty Search or call the AEDA office at 720.898.7010.

TAX REPORT Arvada Sales Tax Rate 3.46%

Combined Total Sales Tax Rates (City, County, & State)

Jefferson County 7.96%Adams County 8.21%

Arvada Property Tax Rate 4.31 mill levy

Arvada Enterprise ZoneLearn more about state tax credits and if an Arvada property is located in the enterprise zone at AdvanceColorado.com/EZ.

Colorado Tax Rates Colorado Individual Income Tax Rate 4.63%Colorado Sales Tax Rate 2.9%

Colorado Sales Tax Exemptions Go to Colorado.gov/tax for a complete list of State sales tax exemptions including Machinery and Machine Tools and Sales/Use tax exemptions.

MAJOR EMPLOYERS 50+Employees Product/Service Easter-Owens Manufacturing King Soopers RetailLowe’s Retail Mark VII Manufacturing Prescient ManufacturingSam’s Club Retail Sonsio Inc. Warranty Sundyne Manufacturing Swinerton Builders ConstructionTest America Laboratories Inc. Environmental Testing Lab Wanco Manufacturing

COMMERCIAL VACANCY RATESource: Xceligent.comArvada Denver Metro

12%

9%

6%

3%

0%

Office

7.3%

4.6%4.1%

10.7%

4.8%

1.8%

Industrial Office Retail

CIVILIAN LABOR FORCE: 316,483 Jefferson County | 254,196 Adams County | 1,558,007 Metro Denver/Aurora

COST OF LIVING

City All Items Index Composite Grocery Housing Utilities Transportation Healthcare Misc. Goods &

Services

Salt Lake City, UT 93.8 95.3 92.4 78.4 109.3 91.9 94.6

Denver, CO 110.4 106.3 131.9 92.6 104.2 106.8 102.4

Chicago, IL 118.5 108.5 144.8 94.9 125.7 102.7 108.2

Los Angeles, CA 142.3 112.4 223.1 106.3 133.5 110.3 106.8

Austin, TX 96.7 86.9 94.8 102.9 98.3 102.7 99.1

New York City, NY 228.2 128.2 465.9 127.1 133.6 115.6 148

Boston, MA 148.1 105.7 201.2 158 112.6 133.5 131.3

Source: 2016 Annual Average Data, Cost of Living Index, produced by C2ER, coli.org

LABOR FORCEUnemployment Rate in percent

6.0

5.0

4.0

3.0

2.0

JeffersonCounty

3.0%3.7% 3.2%

2.8% 2.9%

4.8%

Denver County Metro Denver/ Aurora area

Colorado U.S.

Source: COworkforce.com, Jan 2017 statistics.

Adams County

INCOMEMedian Household Income Per Capita Income in thousands

$70

$60

$50

$40

$30

$20

Arvada Denver Colorado U.S. Source: www.esri.com, 2016 estimate (in thousands)

70,950

36,042

65,77760,903

54,149

35,661 33,21529,472

EDUCATION

Source: Denver Metro Apartment Vacancy & Rent Fourth Quarter 2016 Report

HOME RENTALS

$1,333 Average monthly rent

4.1% Rental vacancy

Primary Education Jefferson County Public Schools has been providing educational excellence for more than 60 years. Approximately nine percent of all K-12 students in Colorado attend a Jefferson County school, which is over 86,000 students at 155 schools on 168 campuses. The district’s mission is to provide a quality education that prepares all children for a successful future.

Jefferson County Public Schools will open a new school, Three Creeks K-8, for the 2017-18 school year. Located in the Candelas area (West Arvada), the school will be part of the Ralston Valley artic-ulation area offering grades K-6 the first year. The District will also be expanding Sierra Elementary which will be completed and ready to open in the Fall 2017. Both projects represent the district’s initial steps to address the enrollment growth in northwest Arvada. JeffcoPublicSchools.org

Higher EducationArvada is home to a Red Rocks Community College campus located northwest of I-70 and Kipling Boulevard. In August 2016, RRCC Arvada opened its $22.5 million campus expansion that tripled the size and capacity of the location. This campus features two-year associate degrees and founda-tion courses that transfer to four-year universities, a SmartTrack program with pre-scheduled sequences of courses, a nursing partnership with University of Colorado, and all of the college’s health science programs, including a Master’s degree in Physician Assistant Studies. RRCC.edu/Arvada

The Metro Denver area is home to: 5 Four-year state colleges and universities 9 Private four-year universities 9 Two-year colleges

Public schools in Arvada:Elementary (K-8) 21Middle schools (7-8) 4High schools (9-12) 4Option School 1Charter schools 4

$15 .98 AVG. RETAIL RENT per square foot

$382,992 AVG. HOME PRICE in Arvada

3 .46% SALES TAX RATE in Arvada

2,564PROPERTIES SOLDin 2016

316,483JEFFERSON COUNTYcivilian labor force

86,000 STUDENTS ATTEND Jeffco Public Schools

LIFE

PARKS & RECThere are 122 parks within the Arvada city limits including 3 skate park facilities, a dog park, 2 disc golf courses, tennis center, 3 golf courses, 66 playgrounds, 70 sports fields, 1 splash pad, 1 interactive fountain, 7 sports complexes, 29 undeveloped open space areas, Two Ponds National Wildlife Refuge, 1 Indoor and 1 outdoor Equestrian Center, and Majestic View Nature Center. Overall the Parks department manages 3,400 acres of parks, open spaces and trails.

APEX Parks & Recreation DistrictIn 2017, Apex Park and Recreation District is expanding and improving, thanks to a May 2016 voter-approved bond issue. These exciting changes will enable the district to connect with more citizens and provide quality, affordable and accessible community recreation. Apex PRD offers hundreds of activities at dozens of year-round and seasonal facilities throughout Arvada. ApexPRD.org

ARTS & CULTURE Arvada Center for the Arts and Humanities Since its opening in July 1976, the award winning Arvada Center for the Arts and Humanities has grown to become one of the nation’s largest multidisciplinary arts centers, dedicated to many aspects of the arts, including theatre, music, dance, visual arts, humanities and education. Host to over 300,000 visitors a year, the Center offers a full theatre season; Summer Stage outdoor concert series showcasing local and national performing artists; world-class art exhibitions with emphasis on Colorado artists; historical museum exhibitions; camps and classes for children and adults of all ages and skill levels in ceramics, drama, dance, music, writing, visual arts and more. The Center also includes Arvada Events which is a banquet facility for corporate and social gatherings. ArvadaCenter.org

TOURISMThe Arvada Visitors CenterStop by the Arvada Visitors Center for recommendations about where to shop, eat, play, and live in Denver’s premier northwest suburb. Located in Historic Olde Town at 7305 Grandview Avenue, the Visitors Center is open year-round and offers hundreds of brochures to help you plan your visit to Colorado’s 7th largest city. Looking to relocate to the area? Pick up an Arvada Relocation Guide and compli-mentary Welcome Bag – full of fun surprises from area businesses. VisitArvada.org

122 PARKS in Arvada

3,900 ACRES of parks, trails, and open spaces properties

149 MILES of hiking, biking and horseback riding trails

TRANSPORTATION

• Package Service – All the major carriers provide one-day service to anywhere in the United States.

• Truck Service – Trucking transportation companies are available in the Metro Denver area.

• Rail Service – Freight provided by Burlington Northern Santa Fe Railway and Union Pacific Railroad.

Denver International Airport (DIA) DIA is the 15th-busiest airport in the world and the fifth-busiest airport in the United States; with more than 53 million passengers each year. DIA is the primary economic engine for the state of Colorado, generating more than $26 billion annually. FlyDenver.com

• 35 minute nonstop drive on I-70 from Arvada.

• 19 commercial carriers with more than 170 destinations nonstop. DIA boasts the third-

largest domestic network with nonstop service to more than 150 U.S. destinations and also provides nonstop service to 20 international destinations in nine countries.

Rocky Mountain Metropolitan Airport (RMMA) RMMA offers many amenities including 24/7 U.S. Customs Services available. Situated between Denver and Boulder on U.S. Highway 36, RMMA is the closest airport to both cities. Jeffco.us/Airport

AIR

GROUND

FREIGHT

New G- LineCOMMUTER RAIL to be completed soon

One Day FREIGHT PACKAGE service anywhere in the U.S.

53 million PASSENGERS travel through DIA each year

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E X C L U S I V E L Y L I S T E D B Y

TOWER PLACE LOTS 2B & 2C

BRANDON KRAMERSenior Associate | Director, NOIPG

Denver OfficeMobile 605.390.1248 Office 303.328.2020

[email protected] CO FA100045203

JACOB ROCKERAssociate Broker

Denver OfficeMobile 480.235.8493Office 303.328.2023

[email protected] CO FA100073333 License AZ SA585017000