Valenti and Calabrese of R. Calabrese Agency complete $1.325 million sale

October 28, 2015 - Retail
Tony Valenti, R. Calabrese Agency, LLC
184-188 Spencer Street - Manchester, CT
Ralph Calabrese, R. Calabrese Agency, LLC

Manchester, CT Tony Valenti and Ralph Calabrese of the R. Calabrese Agency, LLC of Waterbury, completed the sale of a net ground lease for a  McDonalds located at 184-188 Spencer St. The 4,302 s/f building on 1.20 acres is situated at a signalized intersection in close proximity to Exit 1 of the Rte. 384 connector to I-84. The surrounding neighborhood is a heavily traveled retail corridor with a recently approved Walmart diagonally across the road as well as Shop-Rite, Starbucks, Dunkin’ Donuts, Subway, Pep Boys, Ocean State Job Lot, Studio 6 Hotel, and Wendy’s.

The buyer, NF, LLC was represented by the R. Calabrese Agency, LLC and the seller was represented by the Zinsser Real Estate Agency of Manchester.

New England Real Estate Journal • 17 Accord Park Drive #207, Norwell MA 02061 • (781) 878-4540 • Contact