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Horvath & Tremblay Represents Both Seller And Buyer In $3.125M Sale Of Equinox Square Shopping Center

Property Image
SOLD
$3,125,000
Jack Laurendeau
Todd Tremblay
Robert (Bob) Horvath

Vermont

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Retail35,970 SF
Sold 05/02/2025
the dealplayerscompscontact
Property Image
SOLD

Horvath & Tremblay Represents Both Seller And Buyer In $3.125M Sale Of Equinox Square Shopping Center

365 Depot Street & 369 Depot Street

See Similar Deals
Retail35,970 SF
Sold 05/02/2025
Jack Laurendeau
Todd Tremblay
Robert (Bob) Horvath
the dealplayerscompscontact
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Summary

VERMONT
Asset Type:Retail
Price Per Square Foot:$86
Total Square Footage:35,970 SF
Transaction Type:Sale

The property asset involved in this transaction is the Equinox Square Shopping Center located at 365 Depot Street & 369 Depot Street in Manchester Center, VT. The sale price of the asset was $3,125,000, encompassing a total square footage of 17,985 with a price per square foot of $174.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,125,000
  • Square Footage: 17,985
  • Price per Square Foot: $174
  • Address: 365 Depot Street & 369 Depot Street
  • Market: Manchester Center, VT

Horvath & Tremblay acted as the brokers for this transaction, successfully representing both the seller and buyer in the deal. Key individuals involved included Jack Laurendeau, Robert Horvath, and Todd Tremblay, who are part of the Horvath & Tremblay agency.

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
Jack Laurendeau
Horvath & Tremblay
Jack Laurendeau
12 deals$54.5M volume
BROKER

Details

SOLD
IMAGE: Jack Laurendeau, Robert Horvath & Todd Tremblay DATE: 05/02/2025 ADDRESS: 365 Depot Street & 369 Depot Street MARKET: Manchester Center, VT ASSET TYPE: Retail BROKERS: Jack Laurendeau, Robert Horvath & Todd Tremblay - Horvath & Tremblay SALE PRICE: $3,125,000 SF: 17,985 ~ PPSF: $174 NOTE: Horvath & Tremblay brokered the $3.125M sale of Equinox Square Shopping Center in Manchester, VT, representing both seller and buyer.

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Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,102.46
Cash-on-Cash Return-1.27%
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