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    Quantum Real Estate Brokers Multi-Million Dollar Sale of CVS Property

    ByThemba Hadebe

    Jan 22, 2024
    Quantum Real Estate Brokers Multi-Million Dollar Sale of CVS Property

    Quantum Real Estate Advisors Inc. recently achieved a significant milestone by negotiating the sale of a retail property in Kansas City for a whopping $2.2 million. The property, which is currently occupied by CVS, attracted the attention of both a Midwest-based seller and a Southeast-based investment firm engaging in a 1031 exchange.

    With nine years left on its lease, CVS represented a highly lucrative opportunity for potential buyers. The extensive experience of Nick Hilgendorf, a representative from Quantum Real Estate, played a pivotal role in facilitating the transaction. Acting as a trusted intermediary, Hilgendorf skillfully represented both the seller and the buyer, ensuring that each party’s interests were carefully accounted for throughout the process.

    In addition to brokering the sale, Quantum also provided valuable assistance to the seller during the loan defeasance process. This additional support helped streamline the selling process and further reinforced the reputation of Quantum as a reliable and customer-centric real estate advisory firm.

    The success of this transaction emphasizes the ongoing strength of the commercial real estate market, particularly in the retail sector. Despite economic fluctuations and uncertainties, strategic investments in commercial properties have continued to yield promising returns for investors. By capitalizing on the long-term stability offered by CVS’s lease agreement, the buyer has positioned themselves to benefit from a steady stream of rental income for the foreseeable future.

    Quantum Real Estate Advisors Inc.’s involvement in this multi-million dollar sale showcases their expertise and dedication to securing favorable outcomes for their clients. With a keen understanding of market dynamics and a commitment to providing exceptional service, they are well-positioned to continue facilitating successful real estate transactions in the future.

    FAQ:

    1. What was the value of the retail property recently sold by Quantum Real Estate Advisors Inc. in Kansas City?
    Quantum Real Estate Advisors Inc. recently negotiated the sale of a retail property in Kansas City for $2.2 million.

    2. Who currently occupies the retail property?
    The retail property is currently occupied by CVS.

    3. Why was the property considered a lucrative opportunity?
    With nine years left on its lease, CVS presented a highly lucrative opportunity for potential buyers.

    4. Who played a pivotal role in facilitating the transaction?
    Nick Hilgendorf, a representative from Quantum Real Estate, played a pivotal role in facilitating the transaction as a trusted intermediary.

    5. What additional support did Quantum provide during the selling process?
    Quantum also provided valuable assistance to the seller during the loan defeasance process, which helped streamline the selling process.

    6. What does this transaction emphasize about the commercial real estate market?
    The success of this transaction emphasizes the ongoing strength of the commercial real estate market, particularly in the retail sector.

    7. What has been the trend in strategic investments in commercial properties?
    Despite economic fluctuations and uncertainties, strategic investments in commercial properties have continued to yield promising returns for investors.

    8. How does the buyer benefit from the long-term stability offered by CVS’s lease agreement?
    By capitalizing on the long-term stability offered by CVS’s lease agreement, the buyer has positioned themselves to benefit from a steady stream of rental income for the foreseeable future.

    9. What does Quantum Real Estate Advisors Inc.’s involvement in this sale showcase?
    Quantum Real Estate Advisors Inc.’s involvement in this multi-million dollar sale showcases their expertise and dedication to securing favorable outcomes for their clients.

    10. What does Quantum Real Estate Advisors Inc. specialize in?
    Quantum Real Estate Advisors Inc. is a real estate advisory firm.

    Definitions:

    – CVS: A retail pharmacy and healthcare company.
    – 1031 exchange: A provision in the U.S. tax code that allows real estate investors to defer capital gains taxes on the sale of a property if they reinvest the sale proceeds into a similar “like-kind” property.
    – Loan defeasance: The process of substituting collateral for an existing loan with other assets or securities.

    Suggested related links:
    Quantum Real Estate Advisors Inc.