News: Retail
Posted: October 23, 2014
Horvath and Tremblay of Marcus & Millichap complete $4.395 million sale
The sale of two retail centers located in the Centre of New England closed at a sale price of $4.395 million. Located at 670-678 and 710-720 Centre of New England Blvd., the two retail centers total 16,895 s/f and are located in front of Home Depot located in the Centre of New England development.
The current tenants located in the development include: Home Depot, Walmart, BJ’s Wholesale Club, Cracker Barrel Restaurant, Hampton Inn, Applebee’s, Denny’s, Wendy’s, Randolph Savings Bank, and Fairfield Inn and Suites. Benefiting from its direct street frontage the centers are tenanted by 863 Sushi, Cilantro Grille, Royal Nails, UPS, Sprint, We-R-Wireless, GameStop, Starkey Hearing, Supercuts and T-Mobile.
The property is easily accessible at Exit 7 off of the heavily traveled I-95.
Bob Horvath and Todd Tremblay exclusively represented both the seller, MTM-CNE, LLC and the buyer, 1465 Third Avenue, LLC.
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