Pinnacle Announces the Sale of a UC Health Primary Care in Castle Rock

Peter Peluso, Vice President at Pinnacle Real Estate Advisors, LLC, is pleased to announce the sale of a 10,044 square foot single-tenant net leased property located at 4404 Barranca Drive in Castle Rock, Colorado. The property is 100% occupied by UC Health on a net lease offering the buyers minimal landlord responsibilities. The property was sourced off market and purchased to satisfy the Buyers 1031 exchange. The transaction closed on July 5, 2022 for $6,650,000. Peter Peluso represented the Colorado-based Buyer and Paul Rubley with Olive Real Estate Group represented the Colorado-based Seller.