Chicago, IL (June 24, 2015) – Quantum Real Estate Advisors, Inc. has brokered the sale of a 13,013 square foot CVS located at 87 Garner Road in Spartanburg, SC. The property was sold for $4,200,000. Built in 2005, there were roughly 12 years left on an original 20-year lease. The Seller was a private individual based in Georgia. The Buyer was a west-coast based fund. Daniel Waszak, Senior Vice President of Quantum Real Estate Advisors, Inc., represented the Buyer in the transaction.
Mr. Waszak had the following comments regarding the transaction, “The Buyer was able to get a high-quality, net-leased asset at an attractive yield. Additionally the proximity bodes well for the long-term prospects of this tenant.”
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.