April 12, 2019 – Kyle Danielson of Horvath & Tremblay has successfully completed the sale of MyEyeDr. in Watertown, Connecticut. Horvath & Tremblay exclusively represented the seller and procured the buyer to close the transaction at a sale price of $1,075,051.
MyEyeDr. operates under a double net lease with over 7 years of lease term remaining with annual rental escalations scheduled throughout the remaining lease term. The lease is fully guaranteed by the corporate parent of the MyEyeDr. brand, Capital Vision Services. This is a well-established optometry office as MyEyeDr., and the predecessor optometry office, has been in occupancy at the Property since 1998. The stand-alone Property is well-located on Main Street (Route 63), the primary road and commercial center of Watertown. The Main Street location is less than 1 mile from U.S. Route 6 and provides excellent visibility and access for residents in the surrounding communities.
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.