October 16, 2024 – Matt Nadler of Horvath & Tremblay has successfully completed the sale of 144 Main Street in East Hartford, Connecticut. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $2,580,000.
The Property is located at 144 Main Street in East Hartford, Connecticut. The Property was constructed in 1987 and contains 31,456 square feet on a 2.42-acre parcel of land. The well-maintained Property features eleven (11) suites and is 100% leased to an attractive mix of medical and neighborhood service tenants, several of which have been long-term tenants at Property. 144 Main Street offers excellent visibility and frontage along Main Street. Additionally, the property is visible from the heavily travelled CT Route 2, one of Central Connecticut’s primary highways offering exposure to more than 69,900 vehicles per day. The property further benefits from two points of access and enjoys a prime location along Main Street in between the junction of Connecticut Routes 2 and 3 and Interstate 84, providing convenient access to Hartford (5-miles) and all areas of the state. Approximately 0.5-miles to the south is a pocket of dense commercial development including the Putnam Bridge Plaza, a regional center that is anchored by Home Depot, ShopRite and TJ Maxx, The Putnam Plaza, a Stop & Shop, and the Shops at Somerset Square. Approximately 1.25-miles north along Main Street is an expansive Pratt & Whitney campus (home to more than 7,000 employees), United Technologies, Coca Cola Distribution Center, Rentschler Field (home of UCONN Football), and Cabela’s, all of which attract residents and shoppers from all of Central Connecticut.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in 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.