April 1, 2019 – Kyle Danielson of Horvath & Tremblay has successfully completed the sale of MyEyeDr. in Cheshire, Connecticut. Horvath & Tremblay exclusively represented the seller and procured the buyer to close the sale at a price of $1,471,323.
MyEyeDr. fully occupies the 3,528-square foot property located along Highland Avenue in Cheshire. MyEyeDr., and the predecessor optometry office, has been in occupancy at the Property since 1998. The MyEyeDr. lease expires in January 2026 and has over 7 years of term remaining with annual rental escalations. The lease is fully guaranteed by the corporate parent of the MyEyeDr. brand, Capital Vision Services. The Property is positioned at the signalized intersection of Highland Avenue and Johnson Avenue with traffic counts in excess of 21,600 vehicles per day along Highland Avenue.
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.