Pinnacle Announces the Sale of 555-559 South 8th Street in Colorado Springs
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 555-559 South 8th Street located in Colorado Springs, CO. The 5,036 square foot retail building sold for $1,385,000 or $275.02 per square foot. Kevin Calame, Principal, represented the buyer, CSC3T, LLC in the transaction. The property was sold by THJ&J, LLC.
“The buyer saw a great opportunity to trade out of his apartment building in Arvada into a lower-management, greater-return multi-tenant retail center,” stated Calame.