Pinnacle Announces Sale of Multitenant Retail Investment in Lone Tree, CO

Pinnacle Real Estate Advisors, LLC is pleased to announce the successful sale of a 8,038-square-foot multi-tenant retail investment property located at 9447 Park Meadows Drive, Lone Tree, CO. The property sold for $3,000,000. Pinnacle brokers Cody Stambaugh, Elizabeth Morgan, and Kyle Moyer, represented the seller, Park Meadows and Merchants LLC, in the transaction.

“9447 Park Meadows Drive has officially sold after years of being on and off the market. The previous owners, who managed the property remotely from California, were hands-on in repositioning the investment for a 2025 sale. The new buyers acquired the asset through a 1031 Exchange and are stepping into a strong position with extended leases, a med spa tenant out of Las Vegas set to open by the end of 2025, and significant redevelopment plans proposed in The Lone Tree Entertainment District,” said Cody Stambaugh, Senior Advisor at Pinnacle Real Estate Advisors.

For more information on this sale please contact Cody Stambaugh at CStambaugh@PinnacleREA.com or 720-291-0686.