Pinnacle Announces Sale of 4,007 SF Multi-Tenant Retail Condo
Posted on December 20, 2024
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 4,007 square foot multi-tenant retail condo located at 7357 Grandview Ave in Arvada, Colorado for $2,250,000. Paul Nora, Advisor, and Jamie Mitchell, Principal, represented the Seller in the transaction.
“This deal shows the premium price per square foot a seller can achieve with a new-build property in an amazing location and high-quality tenants in place. We were able to secure multiple offers and went with a 1031 buyer who was attracted to all the tenant’s long-term NNN leases so she can cash-flow on the condo passively. Congratulations to all parties!” stated Paul Nora.