Quantum Real Estate Advisors, Inc. brokers sale of a single-tenant Dollar General located in Perrysburg, OH

Chicago, IL (May 28th, 2020) – Quantum Real Estate Advisors, Inc. has just completed the sale of a freestanding 9,100 square foot Dollar General located at 28637 Oregon Rd., Perrysburg, OH.  The brand-new Dollar General sold for $1,607,000.

The Seller was a privately owned development company located in St. Petersburg, FL who specializes in developing Dollar Generals across the Country.  The Buyer was private investor out of Chicago, IL looking to diversify his existing portfolio through a 1031 Starker Exchange.   Jason Caplan, Senior Vice President of Quantum Real Estate Advisors, Inc. represented the buyer in this transaction.

Mr. Caplan had the following comments regarding the transaction, “What should have been a straightforward, quick Dollar General transaction ended up being effected by the COVID-19 Pandemic. My client’s bank pulled funding for all their retail deals across the Country at the 11th hour.” Mr. Caplan continued, “Fortunately, through our extensive relationships and the patience exhibited by all parties involved, we were able to obtain a new lender and get this deal closed within the allotted time.”

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.