Pinnacle Announces Successful Sale of Two-Property Retail Portfolio

Pinnacle Real Estate Advisors, LLC is proud to announce the successful sale of 5500 & 5540 W 29th Ave, Wheat Ridge, CO. This two-property retail portfolio, comprising a total of 4,791 square feet, was sold for $1,150,000. Peter Sengelmann, Vice President, represented the seller in this transaction.

“The seller approached me in early 2024 with the goal of selling this asset. We implemented a comprehensive marketing strategy, which included sending hundreds of thousands of targeted emails, distributing direct mail campaigns, and making extensive cold calls. The buyer noticed our brokerage sign while biking past the property, which ultimately facilitated the sale,” said Sengelmann.