Net Lease X Missouri

Quantum closes sale of coffee shop in Missouri

Quantum closes sale of coffee shop in Missouri,ph01

Quantum Real Estate Advisors completed the sale of a freestanding 445-square-foot Scooter’s Coffee at 3507 W. Broaday St. in Sedalia, Missouri.

The property sold to a private investor based in Oklahoma City for $535,000, equating to a cap rate of 6.40 percent.

The seller was a Kansas City-based developer who specializes in acquiring and developing net-lease properties.

Zack Hilgendorf, vice president of Quantum Real Estate Advisors, represented the seller.