{"id":1004313878,"date":"2019-04-03T22:09:05","date_gmt":"2019-04-04T06:09:05","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004313878"},"modified":"2025-02-28T00:03:03","modified_gmt":"2025-02-28T08:03:03","slug":"single-tenant-wi-retail-asset-trades-for-3m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/single-tenant-wi-retail-asset-trades-for-3m\/","title":{"rendered":"Single-Tenant WI Retail Asset Trades for $3M"},"content":{"rendered":"
\"\"<\/a>

2844 Fish Hatchery Road. Image courtesy of Quantum Real Estate Advisors<\/em><\/p><\/div>\n

The Quantum Real Estate Advisors team of President Chad Firsel and Vice President Zack Hilgendorf has represented both parties in the $2.9 million sale of a 4,442-square-foot retail property in Fitchburg, Wis. A Seattle-based private investor acquired the asset from a Chicago developer specializing in net lease property acquisitions and development.<\/p>\n

Situated at 2844 Fish Hatchery Road, the building is close to several residential properties and retail options such as Dairy Queen Grill & Chill, Wendy\u2019s and KFC. Adjacent to Fish Hatchery Road, the location provides quick access to Highway 151. At the time of sale, the asset was fully leased to Popeyes, with roughly 20 years remaining on the lease\u2014the longest Popeye lease on the market.  <\/p>\n

\u201cDemand for Quick Services Restaurants deals with a strong operator and proven sales remain very strong and this deal was just another example of this trend,\u201d <\/em>said Hilgendorf, in a prepared statement.<\/p>\n

In a similar transaction last August, Quantum Real Estate Advisors brokered the $1.6 million sale of a 7,489-square-foot retail asset<\/a> in Cleveland\u2019s Clark-Fulton neighborhood.<\/p>\n

If you\u2019d like to be featured in Brokers\u2019 Corner, send your deal to deals@cpe-mhn.com<\/strong><\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Quantum Real Estate Advisors brokered the disposition of a fully occupied, 4,442-square-foot building in Fitchburg. The tenant has a remaining 20-year term on the lease.<\/p>\n","protected":false},"author":748,"featured_media":1004313896,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,13,21742,21749],"tags":[36617],"class_list":["post-1004313878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-midwest","category-latest","category-retail","tag-quantum-real-estate-advisors-inc"],"acf":[],"yoast_head":"\nSingle-Tenant WI Retail Asset Trades for $3M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/single-tenant-wi-retail-asset-trades-for-3m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Single-Tenant WI Retail Asset Trades for $3M\" \/>\n<meta property=\"og:description\" content=\"Quantum Real Estate Advisors brokered the disposition of a fully occupied, 4,442-square-foot building in Fitchburg. 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