Horvath & Tremblay broker sale of two Walgreens locations for $14.07 million : NEREJ
Wilmington, MA Horvath & Tremblay has completed the sale of two Walgreens properties located in Wilmington, and Cherry Hill, N.J. for $14.07 million. Bob Horvath and Todd Tremblay exclusively represented the seller and procured the buyer in the sale of Walgreens in Wilmington, for $5.17 million. Walgreens formerly occupied the 15,466 s/f property located at 277 Main St. The absolute triple net lease commenced in 2006 and has over ten years remaining on the original term. The property is located at a lighted intersection along the primary retail corridor , Main St. (Rte. 38), which provides quick access to I-93 and I-95. Additional national retailers in the area include: Market Basket, TJ Maxx, Panera Bread, Dunkin’ Donuts, Rite Aid, McDonald’s, TLE, Sonic, CVS Health, Cumberland Farms, Chili’s, Advance Auto Parts , People’s United Bank, Starbucks, Savers, Dollar Tree, Speedway, Santander Bank, Supercuts, Bank of America, Firestone, Jiffy Lube, and Shell. Walgreens in Cherry H...