Chicago, IL (March 14, 2016) – Quantum Real Estate Advisors, Inc. has brokered the sale of a 7,000 square foot single-tenant retail building located at 2250 Waycross in Cincinnati, OH. The property was sold for $680,000. The property is 100% occupied by O’Reilly Auto Parts. The Seller was a family office based in the Chicagoland area. The buyer was a private real estate investor based in Southern California. Chad Firsel, President of Quantum Real Estate Advisors, Inc. was the sole broker in this transaction.
Mr. Firsel had the following comments regarding the transaction, “The buyer was able to acquire a very attractive property that has a significant amount of land with this 7,000 SF building.” He continues, “The Purchaser recognizes that not only has the tenant occupied the space for over 7 years, the below market rent would be easily replaced if this tenant vacated.”
Quantum Real Estate Advisors, Inc. (www.qreadvisors.com) specializes in investment sales brokerage, assisting clients in the acquisition and disposition of commercial real estate. Quantum has the capacity through strategic alliances to offer full-service leasing brokerage, receivership, management and financing.