June 4, 2018 – Bob Horvath and Todd Tremblay of Horvath & Tremblay have successfully completed the sale of Friendly’s Retail Plaza in Plymouth, Massachusetts. Horvath & Tremblay represented the seller and procured the buyer to close the property at a sale price of $2,500,000.
Friendly’s Retail Plaza is a fully occupied, 7,900-square foot retail plaza situated on a 1.2-acre parcel. The plaza is currently tenanted by Friendly’s, H&R Block, Plymouth Orthodontics and The Cleanist. The Property is positioned along Long Pond Road with direct street frontage and provides easy access to passing motorists. Friendly’s Plaza is located in the heart of the Long Pong Road retail corridor. Located just north of the Property is Home Depot Plaza, a regional retail shopping center tenanted by: Home Depot, West Marine, Ethan Allen, Ninety-Nine Restaurant, Town Fair Tire, AT&T, Pilgrim Wine & Spirits, UPS, and AAA. Positioned adjacent to the property is a retail center tenanted by the Hilton Garden Inn, Sleepy’s, Message Envy, Hot Locks Salon and New Tokyo Japanese Restaurant. In addition, Shell Gas and Dunkin’ Donuts are located at the entrance to Home Depot Drive, directly off of Exit 5. Located across the street is The Grove at Plymouth Shopping Center, a 425,000-square foot regional shopping center anchored by BJ’s Wholesale Club and Kohl’s. Additional retailers in the center include: TJ Maxx, HomeGoods, The Sports Authority, PetSmart, Off Broadway Shoes, Party City, Jo-Ann Fabrics, Panera Bread, IHOP, Texas Roadhouse, and Subway.
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.