Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of an urban two-story retail asset for $2,370,000 located at 7310 W. Colfax Avenue in Lakewood, Colorado. Peter Sengelmann, Eric Diesch and Jackson Coon represented the seller in the transaction.  The property is situated about 5 miles to the west of Downtown Denver and near the major intersections of Wadsworth Blvd. and West Colfax Avenue. The listing team was able to attract an experienced national retail investor that was focused on stabilized assets with little to no capital improvements required. “Our team successfully broadcasted this asset as a renovated, stable investment opportunity, which ultimately allowed us to secure a strong cash buyer who closed in only 42 days,” stated Peter Sengelmann, Senior Advisor at Pinnacle Real Estate Advisors.

Pinnacle is excited to announce this transaction and is proud to showcase the team’s growing market presence.

For more information, please contact Peter Sengelmann, Eric Diesch, Jackson Coon at 303-962-9552, 720-638-5412, 720-370-3148 or psengelmann@pinnaclerea.com, ediesch@pinnaclerea.com, jcoon@pinnaclerea.com