Pinnacle Announces the Sale of 2140-2160 E 88th Avenue

Brandon Gouker, Senior Advisors at Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 2140-2160 E. 88th Avenue, Denver, Colorado.  The 16,752 square foot Retail/Mixed-Use property sold on July 15th at full list price, $1,425,000 or $85 per square foot.  The building was constructed in 1970.  Brandon Gouker, Senior Advisors at Pinnacle Real Estate Advisors, LLC represented the local Seller in the transaction. Craig Michalik with Re/Max Southeast represented the Buyer.

“Our direct marketing campaign quickly created a tremendous amount of buyer interest and we received multiple offers on the property. The value-add component and upside potential of the deal with in-place below market gross rents was attractive to the Buyer,” stated Brandon Gouker, Senior Advisors at Pinnacle Real Estate Advisors.