April 5, 2019 – Brad Canova, Bob Horvath and Todd Tremblay of Horvath & Tremblay have successfully completed the sale of Staples and HomeGoods in North Conway, New Hampshire. Horvath & Tremblay procured the 1031 exchange buyer to close the property at a sale price of $5,250,000.
LL Bean fully occupies the 14,400-square foot building with over 4 years remaining on the base term of the lease. The property is located along White Mountain Highway, a primary retail corridor with national tenants including: Walgreens, Starbucks, Staples, HomeGoods, CVS, TD Bank, Lowe’s, Hannaford, Applebee’s, TJ Maxx, The Christmas Tree Shops, Taco Bell, Friendly’s, McDonald’s, Home Depot, D’Angelo Pizza Hut and the Ninety-Nine. North Conway is a year-round vacation destination with close proximity to 5 different ski resorts in addition to Story Land and Santa’s Village.
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.