Chicago, IL (December 21, 2020) – Quantum Real Estate Advisors, Inc. has just completed the sale of a freestanding 9,026 square foot Dollar General located at 7065 E. Waterloo Rd., Edmond, OK. The property sold to a private 1031 investor based in Dallas, TX for $1,175,000. The Seller was a local Oklahoma City investment group who were looking to free up some extra capital. Zack Hilgendorf, Executive Vice President of Quantum Real Estate Advisors, Inc. represented the seller in the transaction.
The selling broker, Mr. Zack Hilgendorf said, “1031 exchange investors continue to be attracted to Dollar General properties. Dollar General has consistently posted increasing YoY revenues since it went public 10 years ago. In fact, the chain has made its mark on recession-era shoppers, staying out of the way of e-commerce headwinds in today’s retail landscape”.
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.