Pinnacle Announces Sale of Commercial Land Parcel at the Northeast Quadrant of Interstate 70 & Tower Road
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 43,750 square foot commercial land parcel for $900,000 generally located at the northeast quadrant of Interstate 70 & Tower Road in Aurora, Colorado. Ian Elfner, Senior Advisor, represented the Buyer ZADAMS PROPERTIES, LLC in the transaction.
Quote: “The site fills a void for IHOP in the trade area which we have been focused on and targeting for many years. The existing and future residential, commercial, and business activity in the area as well as the close proximity and accessibility to Interstate 70 make this location ideal for my client to grow his IHOP footprint and store count in the Denver MSA. We successfully overcame the disruption covid presented in the middle of the transaction, but both parties worked together to see the transaction through. Congratulations to both the Buyer and Seller on a successful transaction.”
For more information on this sale please contact Ian Elfner.