Pinnacle Announces Sale of the Pima Medical Institute Office Building in Denver
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 7475 Dakin Street located in Denver, Colorado. The Pinnacle listing brokers closed the 63,357 square foot asset at their list price of $6,950,000. This commercial property was built in 1974. The building is located on a 3.53 acre site, just off the interchange of Highway 36 and Pecos. Greg Titus and Peter Sengelmann, with the Johnson Ritter Team, co-listed and represented the Seller in the transaction.
“The Seller has owned the property since 2001, it has always provided strong cash flow during their ownership,” stated Sengelmann. “Given the large national credit tenant, which occupies roughly 75% of the building, this asset should provide the Buyer with strong and safe cash flow for near future.”