Pinnacle Announces the Sale of 1410 Laredo Street
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1410 Laredo Street located in Aurora, Colorado. The 4,752 square foot daycare facility sold for $485,000 or $102.06 per square foot. Eric Shaw, Senior Advisor, represented the seller in the transaction. There was no buyer agent in the transaction.
“The property was purchased as an investment property,” stated Shaw. “The daycare tenant has approximately 9 years left on its lease. It traded for a 7.6% cap rate.”