News: Brokerage

HighBar Property and Nexthome Modern Realty broker sale of Irving gas station

Hartford, VT HighBar Property Group and Nexthome Modern Realty recently brokered the sale of an Irving gas station at 1477 Maple St.

Sam Obar, of HighBar, and Spenser Molloy, of Nexthome, exclusively represented the seller in the transaction. The asset was positioned as an opportunity for a potential owner-operator, as Irving has indicated plans to vacate at the end of their term in 2027. The brokers secured multiple offers, and sold at above asking price, indicating a strong demand for gas stations in New Hampshire and Vermont.

The gas station, occupying 18,730 s/f of land, has two gas pumps, canopy, and a 1,650 s/f convenience store with a deli. It is situated near I-89 and I-91. The buyer and seller are both based out of New Hampshire. The sale price is undisclosed.

The transaction is the third in the past year as a result of a broader collaboration between HighBar and Nexthome, combining their expertise in both commercial and residential real estate to serve clients in the Upper Valley of New Hampshire and Vermont. HighBar is a commercial real estate firm licensed in 11 states including Vermont, New Hampshire, and Massachusetts, specializing in the sale and lease of retail properties including gas stations, car washes, convenience stores, restaurants, and financial institutions; while Nexthome provides industry-leading residential and commercial real estate services in New Hampshire and Vermont.

“Our aggressive marketing program generated significant interest from both in-state and out-of-state buyers, and enabled us to sell this asset for higher than our original asking price. We are pleased to have delivered a strong result for our client through our specialized focus on not only the Upper Valley region but also on the fuel, convenience store, and car wash sector in New England,” Obar said.

“By leveraging our combined brokerage networks, we were able to ensure maximum exposure for this asset, proving once again that a partnership-driven approach yields the best outcomes for sellers in New Hampshire and Vermont,” Molloy said.

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