Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of the shadow anchored Safeway Marketplace located at 3325 28^th Street in Boulder, Colorado for $2,300,000. Tom Ethington and Rob Edwards of The Edwards | Ethington Team worked with both the buyer and seller in the transaction.

The 19,997 square foot Safeway shadow anchored retail property is strategically positioned in the heart of Boulder’s 28^th Street shopping district on the high traffic retail corner of 28^th and Iris Avenue. This intersection experiences traffic counts in excess of 69,000 vehicles per day.

“The property is 100% leased to a diverse mix of national, regional, and local credit tenants.  The “A Class” location is irreplaceable and has excellent demographics,” stated Edwards. “All tenants are on long-term leases.”

“This property is within close proximity to the University of Colorado at Boulder, the state’s largest university with 33,000+ enrolled students. Boulder and the University are surrounded by more than 36,000 acres of open recreational space.  Boulder is one of the most highly sought-after places to live in the nation,” stated Ethington.