April 30, 2021 – Aaron Huntley and Bob Horvath of Horvath & Tremblay have successfully completed the sale of the Retail Center in Concord, New Hampshire. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $8,081,661.
Carrier Place is located at 265 & 273 Loudon Road in Concord, New Hampshire. Completed in 2015, the two-building property contains 10 suites spread over 27,165 square feet of gross leasable area on a 4.6-acre parcel. The highly-visible property is strategically located along the region’s premier retail corridor at the signalized intersection for the primary entrance to The Steeplegate Mall, Applebee’s Grill, and a Shaw’s Supermarket. The Loudon Road location also provides convenient access to the region’s two primary highways, Interstate I-93 and Interstate-393. The Property is currently 94.5% leased to an attractive mix of national and regional tenants with a weighted-average of over 6 years of lease term remaining.
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.