Pinnacle Announces Sale of Family and Kid Dental in Pueblo
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1022 Liberty Lane, a NNN-Leased Single-Tenant Dental Office for $1,500,000 ($192.65/SF) located in Pueblo, Colorado. The lease for the Tenant, Family & Kids Dental, is backed by their corporate parent, Lone Peak Dental Group, which provides further stability for the investment sold on October 28th, 2019. Dallas Sandberg and Jeff Johnson of the Johnson-Ritter Team represented the Buyer in the transaction.
“The sale of 1022 Liberty lane successfully completes another 1031 exchange in which we were able to help a great client trade into a high cash flowing Single Tenant NNN property with very low management responsibilities,” stated Dallas Sandberg, Associate Advisor at Pinnacle Real Estate Advisors.