Horvath & Tremblay sells three retail properties in New England for $3.65 million
New Milford, CT Horvath & Tremblay has completed the sale of three retail properties in New England for a total of $3,652,529. Brian Ahrens, Aaron Huntley, Matt Nadler, Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of a MyEyeDr in New Milford. Horvath & Tremblay exclusively represented the seller and sourced the buyer to complete the transaction at a sale price of $727,529. MyEyeDr is located at 54 Park Lane Rd. MyEyeDr has been at the property since 1995 and has continuously extended its lease demonstrating their commitment to the site and the market. MyEyeDr has 4+ years remaining on its triple net lease with two, 5-year renewal options. The lease calls for attractive 10% rent increases at the start of each renewal option. The property enjoys prominent signage, excellent frontage, and strong visibility along Park Lane Rd. (US Rte. 202), the area’s primary commercial and commuter corridor. The property is positioned in the center of town and is within one mile of the Canterbury School and New Milford Hospital. The property is convenient to the area’s residential neighborhoods and also offers access to the town green, CT Rtes. 67 and 109 and US Rtes. 7 and 202 providing connectivity throughout western Connecticut.
