Chicago, IL (June 18th, 2018) – Quantum Real Estate Advisors, Inc. has brokered the sale of a 7,000 square foot Advance Auto Parts at 1242 Yadkinville Road in Mocksville, NC. Built in 2003, Advance Auto had roughly one-year of Lease term remaining at the time of sale. The property closed at $730,000. The buyer was a local North Carolina based investor. The seller was a private investor based in Florida. Daniel Waszak, Senior Vice President of Quantum Real Estate Advisors, Inc. and Jason Caplan, Senior Vice President of Quantum Real Estate Advisors, Inc. represented the Seller in the transaction.
Mr. Waszak had the following comments regarding the transaction, “Given the short-term nature of the Lease the Seller was able to sell at an attractive price point.” Mr. Caplan added “This sale allows the Seller to divest of a property that was outside of their investment strategy and redeploy the funds into an investment closer to home.”
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.