November 20, 2018 – Bob Horvath, Todd Tremblay and Matthew Nadler of Horvath & Tremblay have successfully completed the sale of Bull Hill Shopping Center in West Haven, Connecticut. Horvath & Tremblay exclusively represented the seller and procured the buyer to close the transaction at a sale price of $2,750,000.
Bull Hill Shopping Center is a 37,100 square foot retail plaza located on a 2.58-acre site. The Property is anchored by Tutor Time who has been located at the Property since 1999. Additional tenants include Performance Plus (music lessons and studio), a Big Bargain Convenience Store and a Super Saver Laundromat (18 locations throughout CT and MA).
Bull Hill Shopping Center is strategically located to capture both local residents and commuters in a retail trade area between I-95 and Route 1 in West Haven, Connecticut. The Property is immediately adjacent to a ShopRite Supermarket & Fuel Station and directly across from a Kohl’s department store. Approximately 17,600 vehicles pass the Property daily on Bull Hill Lane. Additional prominent retailers drawing people to the trade area include Lowe’s, Target, Walmart, Sam’s Club, ALDI Supermarket, Walgreens, Best Buy, LA Fitness, Staples, PetSmart, Burlington, Baby Depot, K&G Fashion, Dollar Tree, Harbor Freight Tools and Savers. New Haven University is also located less than 2 miles from the Property.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.