Pinnacle Announces the Sale of 4991 Factory Shops Blvd in Castle Rock

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 4991 Factory Shops Boulevard, Castle Rock, CO.  The 11,368 square foot retail building is located in the Promenade at Castle Rock, a landmark destination and local gathering spot in Castle Rock, CO.  The property sold for $7,000,000 or $615.76 per square foot. Tom Ethington and Robert Edwards, Principals, represented the seller in the transaction.

“Castle Rock is quickly developing into one of Denver’s top suburban economies. There is above average population growth along with excellent demographics fundamentals which should help retail commercial properties perform as long term stable investments,” stated Ethington.