Irving Gas & Convenience Store Sold For $6.75M With Broker Representation By Robert Horvath & Todd Tremblay

The property involved in this transaction is a newly constructed Irving Gas & Convenience Store located at 901 Central Street in Franklin, NH. The asset covers an area of 1.68 acres and has a total building size of 4,350 square feet. It was sold for $6,750,000, equating to a price per square foot of $1,552. The property features ten fueling stations and is secured with a 19+ year NNN lease that includes 10% rent escalations every five years.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $6,750,000
• Address: 901 Central Street
• Market: Franklin, NH
• Acres: 1.68
• Square Footage: 4,350
• Price Per Square Foot: $1,552
• Lease Type: NNN
• Lease Duration: 19+ years
• Rent Escalations: 10% every five years

The transaction was facilitated by brokers Robert Horvath and Todd Tremblay of Horvath & Tremblay, who arranged the sale of the property and played a crucial role in the completion of this deal.