Free-Standing CT Starbuck’s Sold for $2.187M; Horvath&Tremblay Handle Exclusive Assignment

Torrington, CT — Bob Horvath, Todd Tremblay and Matt Nadler of Horvath & Tremblay completed the sale of Starbucks in Torrington, Connecticut. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $2,186,563.

Starbucks is located at 1166 East Main Street in Torrington, Connecticut. Starbucks has 7+ years remaining on its primary lease with six (6), 5-year renewal options. The lease features rent increases every five years throughout the primary lease term and at the start of each renewal option.

The Property is strategically located along East Main Street (US-202) at the signalized intersection with Buena Vista Avenue and directly in front of a BJ’s Wholesale Club-anchored retail center. The Property enjoys excellent frontage, access, visibility and signage along East Main Street, with additional frontage on Buena Vista Avenue and a second access point on Albany Street.

East Main Street is Torrington’s primary retail and commercial corridor, where the Property is situated between Torrington’s downtown and an extensive retail trade area punctuated by Walmart, Home Depot, Stop & Shop and Market 32. Starbucks is also just 1-mile from CT Route 8 and 1.5 miles from Torrington High School.

Matt Nadler

Todd Tremblay

Bob Horvath