Chicago, IL (April 13th, 2021) – Quantum Real Estate Advisors, Inc. has brokered the sale of a single-tenant retail building in Bensenville. The 7,427 SF building was recently developed as a build-to-suit for O’Reilly Auto Parts. The property sold for just under $3,000,000. The Seller is a Chicago development company. The Buyer is a national commercial real estate acquisition firm based in Houston, TX. Chad Firsel, President of Quantum Real Estate Advisors, Inc., represented both the Seller and the Buyer in this transaction.
Mr. Firsel had the following comments regarding the transaction, “With a new, 15-year lease and brand-new construction, this asset was highly desirable. The property is institutionally built and is the prototype that optimizes store performance for O’Reilly’s.” Mr. Firsel continued, “All of these advantages contribute to the property closing at 98% of asking price.”
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.