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Horvath & Tremblay Represents Both Buyer And Seller In $1.92M Sale Of Retail Gas Station In Norwalk

Property Image
SOLD
$1,920,000
Matthew (Matt) Nadler
Todd Tremblay
Robert (Bob) Horvath

Connecticut

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Retail1,624 SF
Sold 10/24/2025
the dealplayerscompscontact
Property Image
SOLD

Horvath & Tremblay Represents Both Buyer And Seller In $1.92M Sale Of Retail Gas Station In Norwalk

395 Main Avenue

See Similar Deals
Retail1,624 SF
Sold 10/24/2025
Matthew (Matt) Nadler
Todd Tremblay
Robert (Bob) Horvath
the dealplayerscompscontact
Contact now

Summary

CONNECTICUT
Asset Type:Retail
Price Per Square Foot:$1,182
Total Square Footage:1,624 SF
Transaction Type:Sale

The property involved in the transaction is a Shell Gas Station located at 395 Main Avenue, Norwalk, CT. The sale price for the asset was $1,920,000. The property encompasses a total area of 1,624 square feet and has a price per square foot of $1,182. It has been operating under an absolute NNN lease since 1966 and features eight fueling stations, complemented by strong visibility and highway access.

Summary of transaction details:

Horvath & Tremblay facilitated the transaction by representing both the seller and the buyer. The firm played a crucial role in arranging the sale, showcasing their expertise in the retail asset market.

Players

Robert (Bob) Horvath
Horvath & Tremblay
Robert Horvath
113 deals$561.5M volume
BROKER
Todd Tremblay
Horvath & Tremblay
Todd Tremblay
103 deals$515.2M volume
BROKER
Matthew (Matt) Nadler
Horvath & Tremblay
Matthew Nadler
33 deals$119.4M volume(781) 776-4014
BROKER
Horvath & Tremblay
Horvath & Tremblay
BROKERAGE

Details

SOLD
IMAGE: 10/24/2025 ADDRESS: 395 Main Avenue MARKET: Norwalk, CT ASSET TYPE: Retail BROKERS: Robert Horvath, Todd Tremblay & Matthew Nadler - Horvath & Tremblay SALE PRICE: $1,920,000 SF: 1,624 ~ PPSF: $1,182 NOTE: Horvath & Tremblay arranged the $1.92 million sale of a Shell Gas Station at 395 Main Ave. in Norwalk, CT, representing both the seller and buyer. The 1,624 s/f property, operating under an absolute NNN lease since 1966, includes eight fueling stations and benefits from strong visibility and highway access.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$102,400.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,821.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,101.78
Annual Debt Service$109,221.35