Horvath & Tremblay Represents Both Seller And Buyer In $3.125M Sale Of Equinox Square Shopping Center
365 Depot Street & 369 Depot Street
$3,125,000
$86/SF
Building Size
35,970 SF
Asset Type
Retail
Closing
May 2, 2025
AI
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
Manchester Center Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.08%
Cash-on-Cash
-1.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93