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Latitude Commercial sells rental car business in Northwest Indiana

June 11, 2020
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Crown Point, Indiana-based Latitude Commercial Real Estate negotiated the sale of an Enterprise Rent-a-Car investment property in Hobart, Indiana.

The property was closed within 40 days of being on the market.

“We were able to go under contract within a few weeks of being on the market even during a challenging time in the market,” says Brett McDermott, Co-Founder/Senior Vice President of Latitude Commercial. “It is an upside investment for the Buyer given the price point and the long-time history of the tenant at the property.”

McDermott represented the seller in the transaction.

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