January 29, 2021 – Todd Tremblay and Bob Horvath of Horvath & Tremblay have successfully completed the sale of Aubuchon Hardware Center in Easthampton, Massachusetts. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $1,088,871.
The Aubuchon Hardware Center is located at 168 Northampton Street in Easthampton, MA. The property is 100% leased to Aubuchon Hardware and Stronger than Yesterday Crossfit. The property contains a 6,892 square foot retail plaza leased to Aubuchon Hardware and Stronger Than Yesterday Crossfit. The property features a corporate guaranteed lease with anchor-tenant Aubuchon Hardware, who signed an early 10-year lease extension with the current term now expiring in December 2030. Stronger Than Yesterday Crossfit recently signed a brand-new, 5-year lease that commenced in August 2020 and expires in 2025. Aubuchon and Stronger Than Yesterday both feature attractive annual rental increases throughout the current term. The property is prominently located on Northampton Street (Massachusetts Route 10) with excellent visibility, two points of access, and street-front signage. The property is just over a mile from Easthampton’s downtown.
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.