Recent Colorado Commercial Property Sales

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Tom Ethington, Rob Edwards, and Justin Krieger announce the following sale in Westminster: 8140 Sheridan Boulevard

recent net leased building sale in Westminster Colorado - 8140 Sheridan BoulevardThe Money tree building at 8140 Sheridan Boulevard in Westminster, Colorado sold today for $1,025,000 ($303/SF), representing 95% of list price. 

Tom Ethington, Rob Edwards, and Justin Krieger, brokers at Pinnacle Real Estate Advisors, represented the seller, Triad Properties, LLC.  The allcash 1031 exchange buyer, Marty Farms, LLLP, was represented by Larry Cornell of Phill Foster & Company. The property was on the market for 41 days and in escrow for 35 days.