Pinnacle Real Estate Advisors, LLC is pleased to announce the successful sale of a 10,500-square-foot retail property located at 468 US-491, Dove Creek, Colorado, for $1,386,097. The property is currently leased to Family Dollar Tree. Peter Sengelmann, Vice President at Pinnacle Real Estate Advisors, represented the buyer in this transaction.

“The buyer approached me with a specific 1031 exchange requirement following the sale of a rental property in Southwest Colorado. I was delighted to assist her in identifying an investment property that aligns with her cash flow objectives and is situated within her preferred region of the state,” said Sengelmann.