BrokerageRetail

Pinnacle Facilitates $4.1M Sale of Multi-Tenant Retail Property in Arvada

Denver, COPinnacle Real Estate Advisors, LLC is pleased to announce the sale of 14805-14807 West 64th Avenue located in Arvada, Colorado. This property consists of approximately 14,738 square feet of multi-tenant retail and was built in 2008. The building is located just off West 64th Avenue and Indiana Street. The property sold on June 20, 2016 for $4,065,000 or $275.82 per square foot. Jeff Johnson and Matt Ritter, with the Johnson Ritter Team, represented the Buyer in the transaction.

“With the acquisition of Indiana Marketplace, our clients were able to complete their 1031 Exchange and they added a great retail property to their portfolio,” stated Matt Ritter, Principal at Pinnacle Real Estate Advisors.

Photo courtesy of Pinnacle Real Estate Advisors

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