Property Map

Thunderbird Plaza

10110 South 15th Street, Bellevue, NE
  • Property Type: Retail
  • Size: 9,062 Sq. Ft.
  • Date Closed: 09/7/2018

Challenges

• The property was a former gas station and had to work through numerous environmental issues
• The property was previously on the market with a local broker and had become stale creating a stigma on the deal
• The center consisted of above market rents
• The buyer was apart of a larger 1031 exchange

Solutions

• We were able to sell through the stigma of the property previous being on the market with another broker by properly underwriting the deal and pricing it accordingly
• We took a targeted, hands on approach to marketing the asset by identifying buyers of similar assets.
• Quantum then vetted the buyers who were comfortable working through the environmental condition

Results

• Quantum was able to get the property sold after it was previously on the market
• We were able to guide all parties through the environmental issues previously mentioned
• Achieved pricing for ownership with a buyer who could understand the uniqueness of the deal and provide a high-probability of closing

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