June 14, 2022 – Matt Nadler and Brian Ahrens of Horvath & Tremblay have successfully completed the sale of Wayback Burgers in Rocky Hill, Connecticut. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $837,077.
Wayback Burgers is located at 346 Cromwell Avenue in Rocky Hill, Connecticut. Wayback Burgers has been at this location since 2009 and has 2 years of term remaining on their triple net lease, plus one (1), 5-year renewal option. The lease calls for annual increases in both the primary term and renewal option based on the change in the CPI-U. Wayback Burgers is situated at the signalized intersection of Cromwell Avenue (CT Route 3), one of the area’s primary retail and commercial thoroughfares and New Britain Avenue (CT Route 160). Wayback Burgers enjoys outstanding visibility with convenient access, in the center of Rocky Hill. The Property is strategically located 1/2-mile from Interstate 91, 2-miles from CT Route 99 and 2.5-miles from US Route 5, providing convenient access to Hartford (7.5-miles) and all areas of the state. Rocky Hill is an affluent suburb of Hartford located on the east bank of the Connecticut River. The town is home to an award-winning school system, numerous national retailers, boutique shops, and national and local restaurants.
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.