February 15, 2019 – Bob Horvath and Todd Tremblay of Horvath & Tremblay have successfully completed the sale of Advance Auto Parts in Brockton, Massachusetts. Horvath & Tremblay represented the seller in the transaction that closed at a sale price of $1,744,000.
Advance Auto Parts fully occupies a 7,000-square foot property located at 955 N. Montello Street (Route 28). Advance Auto Parts has 5+ years remaining on their initial lease term plus three, 5-year renewal options. N. Montello Street (Route 28) is a primary traffic and commercial corridor running north-south through the center of Brockton. On average, approximately 20,536 vehicles pass the Property daily. The Property is located adjacent to a Dollar Tree store and across the street from a Super Stop & Shop within the Montello neighborhood on the north side of Brockton. Brockton is a city of 95,000 residents located 25 miles south of Boston. It is the 7th largest city in Massachusetts and serves as the county seat of Plymouth County along with the town of Plymouth.
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.