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Quantum Real Estate Advisors Facilitates $2.3M Sale Of Millington Development Site To Whataburger

Property Image
SOLD
$2,300,000
Zack Hilgendorf
Nick Hilgendorf

Tennessee

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Development Site
Sold 01/15/2024
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Property Image
SOLD

Quantum Real Estate Advisors Facilitates $2.3M Sale Of Millington Development Site To Whataburger

Development Site
Sold 01/15/2024
Zack Hilgendorf
Nick Hilgendorf
the dealplayerscompscontact
Contact now

Summary

Asset Type:Development Site
Transaction Type:Sale

A Millington property has been sold for $2.3 million under a ground lease to Whataburger, with the transaction facilitated by Quantum Real Estate Advisors. The property is a development site currently undergoing construction for a new single-tenant building. The seller of the property is a Southeast-based developer.

Summary of transaction details:

Quantum Real Estate Advisors' Zack and Nick Hilgendorf played a crucial role in facilitating the deal. With their expertise, they ensured the successful execution of the ground lease agreement between the Southeast-based developer and Whataburger. The new single-tenant building currently under construction will serve as a valuable asset for Whataburger's expansion plans in Millington, TN.

Players

Zack Hilgendorf
Atlantic Retail
Zack Hilgendorf
10 deals$37.3M volume(847) 722-0865
BROKER
Nick Hilgendorf
Quantum Real Estate Advisors
Nick Hilgendorf
3 deals$7.1M volume(312) 683-9921
BROKER

Details

SOLD
IMAGE: Nick Hilgendorf & Zackary Hilgendorf DATE: 01/15/2024 MARKET: Millington, TN ASSET TYPE: Development Site BROKERS: Nick Hilgendorf & Zackary Hilgendorf - Quantum Real Estate Advisors SALE PRICE: $2,300,000 NOTE: Quantum Real Estate Advisors facilitated the $2.3 million sale of a Millington property to Whataburger under a ground lease. The deal, managed by Quantum's Zack and Nick Hilgendorf, involved a new single-tenant building currently under construction, with the seller being a Southeast-based developer.

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