February 27, 2025 – Todd Tremblay, Bob Horvath and Jack Laurendeau of Horvath & Tremblay have successfully completed the sale of ConvenientMD in Sutton, Massachusetts. Horvath & Tremblay exclusively represented the developer and seller, Torrington Properties, and sourced the buyer to complete the transaction at a sale price of $6,100,000.
ConvenientMD is located at 15 Pleasant Valley Road in Sutton, Massachusetts. The new construction build to suit, single-tenant, net-leased ConvenientMD was constructed in 2024 and contains 5,148 square feet on a 1.25-acre parcel. ConvenientMD opened in October and has 14+ years remaining on their Absolute NNN lease with five (5), 5-year renewal options. The lease includes 10% rental increases every five years throughout the initial term and at the start of each renewal option. ConvenientMD is extremely well located at the intersection of Pleasant Valley Road and Worcester Providence Turnpike (MA Route 146), the area’s primary commercial and commuter corridor. The Property benefits from outstanding visibility, frontage and access and is positioned adjacent to the primary entrance to Pleasant Valley Crossing, a large new construction regional shopping center anchored by Market 32 (regional grocery store) and home to Fresenius, Starbucks, Five Guys and Verizon. The property is located at the commercial center of Sutton and is seconds from the area’s national and local retailers and restaurants. The Property is 4.5 miles from Interstate 90 (Massachusetts Turnpike) and 8 miles from downtown Worcester, the area’s commercial, financial, and medical hub. ConvenientMD is a growing presence in the rapidly expanding urgent care industry with 45+ locations throughout Massachusetts, New Hampshire, and Maine with several additional locations in the development pipeline.
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.