Quantum Real Estate Advisors, Inc. brokered the sale of a dual-tenant net-leased retail building in Downers Grove, Ill. to a local investment company based in Chicago.
The property was renovated in 1999 and leased to Sprint and Back To Bed. The property is an outlot to The Grove Shopping Center which is anchored by Kohl’s and Baby’s R Us/Toys R Us and located on the northwest corner of 75th Street and Lemont Road.
Chad M. Firsel, President, represented the Seller and Buyer in the transaction.
“This property is in an excellent location and has national tenants that are performing well, which is proven by with their long term commitment to this site. They have been there over ten years and just exercised options.” said Firsel, in a release.