Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 6303 Wadsworth Bypass, Arvada, CO 80003. This 12,250 square foot property sold on July 3, 2014 for $770,000 or $63.09 per square foot. The single tenant office property is located on the Wadsworth Boulevard corridor which has recently experienced tremendous growth with new mixed-use, retail, residential development and in proximity to the extension of the Gold Line of Denver’s Fas Tracks light rail project scheduled to open to the public in 2016. Brandon Gouker of Pinnacle Real Estate Advisors, LLC represented the Seller in the transaction and Matt Ritter, Cody Stambaugh, Peter Sengelmann of Pinnacle Real Estate Advisors, LLC represented the Buyer in the Transaction.

“Our team was excited to be able to deliver 6303 Wadsworth Bypass to our purchaser who was in the market for a single tenant investment property. The location and long term tenant was an ideal situation for our Buyer who plans to hold as a long term investment” stated Matt Ritter, Principal of Pinnacle Real Estate Advisors, LLC.

“We had multiple offers on the property and ultimately went with the Buyer that had the highest probability of closing,” Brandon Gouker, Advisor at Pinnacle Real Estate Advisors said.  “It was a great deal for both parties in the transaction.”