Chicago, IL (April 20, 2015) – Quantum Real Estate Advisors, Inc. has brokered the sale of a single-tenant retail building occupied by Dollar General located at 26250 Alabama Highway 181, Daphne, AL. The property was sold for $1,685,000. The subject property was built in 2014 and features a 15-year absolute NNN lease. The Seller was an Alabama based developer. The buyer was a private real estate investor based in Alabama. Daniel Waszak, Senior Vice President of Quantum Real Estate Advisors, Inc. represented the Buyer in the transaction.
Mr. Waszak had the following comments regarding the transaction, “The Buyer was able to capitalize on the low interest rate environment and secure attractive financing on this deal.” Mr. Waszak adds, “This transaction shows the continued interest and demand for high-quality, welllocated net leased assets which feature long-term leases to credit tenants.”
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.