August 31, 2021 – Steve Schiavello and Patrick Gray of Horvath & Tremblay have successfully completed the sale of Boston’s in Marysville, Ohio. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $2,500,000.
Boston’s is located at 1099 Lydia Drive in Marysville, Ohio. The property consists of a 6,522 square foot building on a 1.96-acre parcel of land. Boston’s has been at this location since 2013 and has 2+ years of term remaining plus two, 5-year renewal options. The Property has enjoyed strong store sales over the last several years, and posted exceptional numbers during 2020, the year of the pandemic. The Property is exceptionally well located along Lydia Drive and enjoys outstanding frontage and visibility along both Lydia Drive and Delaware Avenue. The Property is less than 250 feet from US Highway 33 (with unincumbered sightlines from the highway) and is surrounded by national retailers. Additionally, there are seven (7) Hotels/Inns within a 1-mile radius of 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.