Justin Krieger Announces the Sale of a Net Leased Infill Property in Denver, CO
Justin Krieger, Senior Advisor at Pinnacle Real Estate Advisors, LLC, is pleased to announce the sale of the net leased Lehrer’s Flowers/Associated Wholesale Florist retail/warehouse property located at 2100 West Mississippi Avenue & 1120 South Zuni Street in Denver, Colorado. The property, consisting of two buildings totaling approximately 32,494 SF on a 2.6 acre site, sold on November 9th for $2,400,000. The property was not listed for sale, and Krieger reached out to the seller directly and put the deal together on the buyer’s behalf.
“The area is undergoing tremendous growth, which is evident by the fact that the property sold for almost four times what it sold for 2.5 years ago. This is the third deal I’ve closed with my buyers in the area this year, and they are extremely bullish on the area’s long-term prospects and see our latest acquisition as a phenomenal development site.” said Krieger.