Horvath & Tremblay Represents Sale Of Retail Property In West Warwick, RI For $6.8M

The property involved in this transaction is a retail asset located at 1270 Main St in West Warwick, RI. It was sold on April 30, 2021. The property spans 13,178 square feet and sits on 2.1 acres of land. The transaction was facilitated by brokers Bob Horvath, Todd Tremblay, and Hobart Hare from Horvath & Tremblay. The sale price for the property was $6,835,000, resulting in a price per square foot of $519. The property has a capitalization rate of 5.17%.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $6,835,000
• Address: 1270 Main St, West Warwick, RI
• Market: West Warwick, RI
• Square Footage: 13,178
• Price per Square Foot: $519
• Acres: 2.1
• Capitalization Rate: 5.17%
• Brokers: Bob Horvath, Todd Tremblay, & Hobart Hare - Horvath & Tremblay

The involvement of Bob Horvath, Todd Tremblay, and Hobart Hare from Horvath & Tremblay as brokers in this deal highlights their role in representing the buyer, seller, landlord, or tenant. They played a crucial role in successfully facilitating the transaction for the retail property located at 1270 Main St in West Warwick, RI.