June 27, 2025 – Bob Horvath, Todd Tremblay, Matt Nadler and Jack Laurendeau of Horvath & Tremblay have successfully completed the sale of Venu Flower Collective in Middletown, Connecticut. Horvath & Tremblay exclusively represented the seller and sourced the buyer to complete the transaction at a sale price of $1,950,000.
Venu Flower Collective is located at 895 Washington Street in Middletown, Connecticut. Venu Flower Collective signed a brand-new, 10-year lease in 2023, and the current lease term expires in March 2033, followed by one (1), 5-year renewal option. The lease features attractive 3% annual rent increases throughout the remaining lease term and option period. Venu Flower Collective is well-located on Washington Street, the area’s primary retail corridor. Situated on an outparcel to a Home Depot and Market 32 (Price Chopper) anchored shopping center, the Property enjoys excellent frontage and visibility and is surrounded by national retailers and restaurants that drive traffic to the area. Venu Flower Collective is just over a mile from Wesleyan University, one of the most prestigious liberal arts colleges in the country and a significant economic driver for Middletown and the surrounding area, and 1.75-miles from Downtown Middletown. The Property is also convenient to Interstates 91 and 691 and CT Routes 9 and 17.
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.