Chicago, IL (March 2nd, 2020) – Quantum Real Estate Advisors, Inc. has just completed the sale of a freestanding 3,367 square foot Burger King located at 664 N. Riverside Dr., Clarksville, TN. The property sold to a private investor based in Dubuque, IA for $2,050,000. The seller was the operator who decided to do a 20-year sale-leaseback in order to free up some extra capital. Zack Hilgendorf, Senior Vice President of Quantum Real Estate Advisors, Inc. represented the buyer in the transaction.
Mr. Hilgendorf had the following comments regarding the transaction, “Demand for Quick Services Restaurants (QSR) deals, with a strong operator and proven sales remains very strong and this deal was just another example of this trend.”
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.
