November 30, 2021 – Bob Horvath of Horvath & Tremblay has successfully completed the sale of Walgreens in Merrimack, New Hampshire. Horvath & Tremblay procured the buyer to complete this transaction at a sale price of $6,893,617.
Walgreens is located at 615 Daniel Webster Highway (US Route 3) in Merrimack, New Hampshire. Walgreens has been at the Property since its construction in 2007 and has more than 11+ years remaining on an absolute triple-net lease with ten (10), 5-year renewal options. The Property is situated on a highly visible corner parcel at the signalized intersection of Daniel Webster Highway (US Route 3) and Bedford Road. US Route 3 is the area’s primary commercial and commuter corridor traversing Merrimack and connects the town with Manchester to the north (5-miles) and Nashua to the south (8-miles). The Property is extremely well located and benefits from outstanding visibility and access along US Route 3 in the heavily trafficked north end of Merrimack.
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.