Pinnacle Announces Sale of Multi-Tenant Office/Retail Building in Aurora

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 15290 E 6th Avenue in Aurora, CO. The 20,480 square foot, two-story commercial building, sold on December 30th for a Contract Price of $2,365,000; equating to over an 8% cap.­­­­­­­­­­­­­­­­­­­­­­ The property was fully leased at the time of purchase. Jamie Mitchell, Principal, and Paul Nora, Associate Advisor, represented the Buyer in the transaction. Nora commented, “Our client was looking for an inflation-hedge in the current market and we were thrilled to help him purchase a fully occupied office building at a phenomenal cap rate in the Denver Metro.”

For more information on this sale please contact Jamie Mitchell at 303-962-9571 or JMitchell@PinnacleREA.com, or Paul Nora at 303-962-9575 or PNora@PinnacleREA.com.