Chicago, IL (December 21, 2023) – Quantum Real Estate Advisors, Inc. has brokered the sale of a recently developed Dollar General. The roughly 10,600-square-foot building was built in 2021 and featured upgraded building materials, including hardy plank siding and split-face block. The seller was a Midwest-based developer, and the buyer was a NYC-based investor. Dan Waszak, Executive Vice President of Quantum Real Estate Advisors, Inc. represented the buyer.
Dan Waszak had the following to say regarding the transaction, “this is the fourth Dollar General this client has acquired through me and the team at Quantum. He loves the strong credit of the tenant, recession-proof business model, and long-term lease.” Mr. Waszak continued, “While there are numerous Dollar General properties available, the team at Quantum was able to find the right property with high-quality real estate fundamentals. The buyer is very happy with both the near-term and long-term prospects 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.