September, 2019 – Bob Horvath of Horvath & Tremblay has successfully completed the sale of Garrison Commons in Dover, New Hampshire. Horvath & Tremblay exclusively represented the seller and procured the buyer to close the Property at a sale price of $8,100,000.
Garrison Commons is a newly constructed grocery-anchored retail center comprised of three separate buildings. ALDI Supermarket and Newburyport Savings Bank tenant two of the buildings while the third in-line multi-tenant building is tenanted by Chipotle, Firehouse Subs and SportClips. The Property is located at a signalized intersection along the area’s primary retail corridor. The highly visible site offers convenient access from both Central Avenue and Glenwood Avenue. Garrison Commons further benefits from its location within a densely populated area with over 56,100 residents within a 5-mile radius with an average household income of over $86,750.
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.