Glastonbury, CT Horvath & Tremblay has completed the sale of three retail properties in New England for a total of $10,478,600.
Todd Tremblay and Bob Horvath of Horvath & Tremblay have completed the sale of Napa Auto Parts in Wilmington, Massachusetts. Horvath & Tremblay exclusively represented the seller and sourced the buyer to complete the transaction at a sale price of $1,378,600. Napa Auto Parts is located at 4 Middlesex Ave. The stand-alone building consists of 9,200 s/f on 0.21-acre corner parcel of land. NAPA has been operating at the property since 2008 and recently extended their lease demonstrating their commitment to the site and the market.
Matt Nadler of Horvath & Tremblay has facilitated the sale of PeoplesBank in Glastonbury, Connecticut. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $3.1 million. The new construction PeoplesBank is located at 2815 Main St. The free-standing single tenant PeoplesBank will consist of a 1,793 s/f building with a canopied drive-thru and drive-up ATM. PeoplesBank has a new 15-year absolute NNN ground lease with five, five-year renewal options.
Jack Laurendeau, Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of a two-tenant retail center leased to Chipotle and The Good Feet Store in Danbury, Connecticut. Horvath & Tremblay represented the buyer to complete the transaction at a sale price of $6 million. The two-tenant strip center is located at 1 Sugar Hollow Rd. The property was constructed in 2024 and consists of a 5,156 s/f building on a 1.2-acre parcel. Chipotle has 14+ years remaining on their lease with four, five-year renewal options. The Good Feet Store has nine years remaining on their lease with two, five-year renewal options.
