December 28, 2021 – Rob DiFranco, Bob Horvath and Todd Tremblay of Horvath & Tremblay have successfully completed the sale of the Plymouth Dental Group Condominium in Plymouth, Massachusetts. Horvath & Tremblay exclusively represented the seller in this transaction, and procured the buyer at a sale price of $900,000.
Plymouth Dental Group is located at One Scobee Circle (unit 2A) in Plymouth, Massachusetts. Plymouth Dental Group (backed by Beacon Dental Health Management) has been at this location since 2019 and has 3+ years of term remaining, plus three (3), 5-year renewal options. The asset, Unit 2A, is a 3,480 square foot medical office suite located in One Scobee Circle, a medical office building constructed in 2009. The entire building has a gross leasable area of 20,000 square feet and sits on a 1.45-acre parcel inside the Plymouth Industrial Park. Additionally, the building has a rooftop solar system, which reduces the electric costs for the tenants. One Scobee Circle is located in the Plymouth Industrial Park, which boasts over 2,000,000 square feet of office and industrial space and over 4,000 employees. The Plymouth Industrial Park is across the street from Colony Place, a 900,000 square foot retail lifestyle center. The Property is located seconds from the busy Long Pond Road retail corridor just off Exit 13 on MA Route 3, the main commuter highway for Boston’s South Shore residents and the primary highway connecting Boston to Cape Cod.
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.