Quantum Real Estate Advisors, Inc. brokers sale of a single tenant Jiffy Lube in Columbus, OH

Chicago, IL (February 6th, 2020) – Quantum Real Estate Advisors, Inc. has brokered the sale of a single tenant Jiffy Lube located at 7007 East Broad Street, Columbus OH. The property sold for $1,375,000. At the time of sale Jiffy Lube had roughly five-years of lease term remaining. The buyer was able to secure a long-term lease extension, showing Jiffy Lube’s commitment to the site. The buyer is a private real estate investor based in NYC. The seller is a private investor from San Francisco. Dan Waszak, Senior Vice President of Quantum Real Estate Advisors, Inc., represented the buyer in the transaction.


Mr. Waszak had the following comments regarding the transaction, “This was one of the more challenging deals to get over the finish line. However, all parties involved worked hard to get this one done.” Waszak continued, “The buyer’s ability to extend Jiffy Lube’s lease shows the high-quality of the location. It also shows the strength service-oriented retail tenants still have in the net-lease sector, undermining the ‘retail apocalypse’ fears.”

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.