Chicago, IL (January 3, 2018) – Quantum Real Estate Advisors, Inc. has brokered the sale of a single-tenant Walgreens Pharmacy located in Franklin, TN. The subject property is roughly 13,650 square feet and strategically located in a dominant retail corridor within the market. The Walgreens Lease has roughly 11 years of term remaining. The Seller was a Nashville-based real estate investor and the buyer was a California based investment fund. Daniel Waszak, Senior Vice President of Quantum Real Estate Advisors, Inc. represented the Seller in the transaction.
Mr. Waszak has the following comments regarding the transaction. “The Seller was able to achieve an attractive cap rate on the sale as well as a quick closing. All parties worked tirelessly to close the sale within 30 days of signing the contract.”
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.