Pinnacle Announces Sale of The Auto Spa
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of The Auto Spa at 12131 N Federal Parkway, a full-service car wash in Westminster, CO. The Auto Spa was built in 2007 and fully operational at the time of Closing. The property is 5,160 SF and sits on a 55,319 SF lot that sold for $2,900,000 ($562.02/SF). The sales price included the property and the business. Cody Stambaugh & Liz Morgan assisted the Buyer and the Seller in the transaction.
“We were pleased to assist the Buyer and Seller in the sale of The Auto Spa at 12131 N. Federal Parkway in Westminster, CO. The property was in great shape at the time of closing and was a turnkey operation for the Buyers. We were moving through SBA Loan Approval as COVID-19 stay at home orders were put in place and made the process more challenging, but all parties were persistent in seeing the sale through to closing and it was a pleasure working with all of them during these uncertain times” states, Cody Stambaugh, Advisor at Pinnacle Real Estate Advisors.