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365 Depot Street

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

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

Robert Horvath

Horvath & Tremblay

Broker

$564M

vol

114 deals

Broker

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