Chicago, IL (June 4, 2015) – Quantum Real Estate Advisors, Inc. has brokered the sale of a 7,200 square foot dual-tenant retail building located at 440 S Rand Road in Lake Zurich, IL. The property was sold for $3,720,000. The building is 100% occupied by Vitamin Shoppe and Sleepy’s and featured brand new construction with high-end finishes. The Seller was a local development group based in Illinois. The buyer was a private real estate investor based in Argentina. 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 get a 100% leased asset at an attractive yield. We had multiple offers from both local and national investors. Ultimately, this was a great acquisition for this buyer as they understood the strong location of this property.”
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.