August 3, 2021 – Todd Tremblay, Bob Horvath and Matt Nadler of Horvath & Tremblay have successfully completed the sale of Dollar General in East Windsor, Connecticut. Horvath & Tremblay exclusively represented the seller and worked with JRW Realty as the sourcing broker on behalf of ExchangeRight, a vertically integrated real estate company with over $3.8 billion in assets under management, to complete the transaction at a sale price of $1,691,429.
Dollar General is located at 115 Main Street in East Windsor (Broad Brook), Connecticut. Dollar General has been at this location since 2013 and recently extended their lease, demonstrating their commitment to this location and market. Dollar General has 7+ years of term remaining, followed by five (5), 5-year renewal options. The lease features 10% rent increases at the start of each renewal option. The property benefits from a prime location with excellent visibility and frontage along Main Street in the center of Broad Brook, a neighborhood in East Windsor, Connecticut. Dollar General is the primary shopping destination within the community. The nearest grocery store or big box retailer is more than a 10-minute drive from the property.
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.