Chicago, IL (May 19th, 2021) – Quantum Real Estate Advisors, Inc. has brokered the sale of a single-tenant absolute net-leased Take 5 located at 257 W Main St, Hendersonville TN. The property sold within 5% of the list price. The Seller, represented by Zack Hilgendorf, Executive Vice President of Quantum Real Estate Advisors, Inc., is based out of Nashville. The Buyer, a local private investor based in Nashville was represented by James Morris of Colliers International.
Mr. Hilgendorf had the following comments regarding the transaction, “The long-term tenant invested significant capital into the building. By signing a 10-year lease, they showed significant commitment to the location.” Hilgendorf continues, “The investor was a local buyer who knew and appreciated this location and market. The desire to purchase high-quality property in Tax-Free states has never seen such high demand. This transaction shows the strength that Quantum has by selling a property in TN, to a TN buyer while being locates in our LA office.”
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.