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

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:

• Property Type: Development Site
• Transaction Amount: $2,300,000
• Brokers: Nick Hilgendorf & Zackary Hilgendorf - Quantum Real Estate Advisors
• Market: Millington, TN

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.