Pinnacle Announces Successful Sale of 2,141 SF Retail Property

Pinnacle Real Estate Advisors, LLC is proud to announce the successful sale of a 2,141-square-foot retail property located at 3406 College Ave in Snyder, Texas, for $1,877,071. Peter Sengelmann, Vice President at Pinnacle Real Estate Advisors, represented the buyer in this transaction.

“This transaction represents the upleg portion of the client’s 1031 exchange process and will result in a 42% increase in their annual cash flow,” stated Sengelmann. “We are delighted to have secured a replacement property that aligns perfectly with the client’s investment criteria.”