Chicago, IL (November 14, 2018) – Quantum Real Estate Advisors, Inc. has brokered the sale of a multi-tenant retail center, Shops at Valle Green, located at 1171 E Dayton Yellow Springs Road, Fairborn, OH. The 5,000 square foot property sold for $1,210,000. The property 100% leased to a mix of national and local tenants: Verizon, Great Clips, and Hot Head Burritos. The property is in the heart of the major retail corridor of Fairborn, OH just outside Dayton. The buyer was a Midwest based investment fund. The seller was a local individual based in Ohio. Both Daniel Waszak, Senior Vice President and Zack Hilgendorf, Vice President of Quantum Real Estate Advisors, Inc. represented the seller in the transaction.
The selling broker, Mr. Zack Hilgendorf said, “Demand for well-located strip centers with a strong tenant mix still remain very desirable and this deal was just another example of that.” Mr. Waszak added, “the Seller was able to achieve an attractive price point while the buyer was able to finish a 1031 exchange with this asset. The deal worked out nicely for all parties involved.”
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.