Pinnacle Announces the Sale of 7703 Ralston Road in Olde Town Arvada

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 7703 Ralston Road located in Arvada, Colorado 80002. This 2,446 square foot office building sold on July 20, 2017 for $494,354. Gary Garcia, Senior Advisor, represented the seller in the transaction.

“A well-established retailer in Olde Town Arvada, Heart’s Dancewear, has a new location and a new asset- just down the street from the original location,” stated Garcia. “This was a lengthy transaction process due in part to hail damage negotiations, price, funding and appraisal. All parties worked together through amend/extends to close. Significant and continued improvements and rent increases in the Olde Town Arvada market continues to put pressure on tenants, creating buyer prospects as in this case.”