Log in Subscribe Front Page Current Issue Real Briefs Recent Trades Subscribe/Renew Events Advertise Contact Us
Sun, Jun 22
A Compendium of Property & Capital News
Sun
Jun 22
Boston
Log In
Subscribe
Belmont Offices Find New Owner //Roastd General Store Sold on Nantucket //Chelmsford Medical Sold to Albany Partners //Learning Experience Building Sold in Marlboro //Stoughton Industrial Building in $5.3M Sale // Belmont Offices Find New Owner //Roastd General Store Sold on Nantucket //Chelmsford Medical Sold to Albany Partners //Learning Experience Building Sold in Marlboro //Stoughton Industrial Building in $5.3M Sale // Belmont Offices Find New Owner //Roastd General Store Sold on Nantucket //Chelmsford Medical Sold to Albany Partners //Learning Experience Building Sold in Marlboro //Stoughton Industrial Building in $5.3M Sale //

Starbucks-Achored Vermont Shopping Center Sells for $3.125M; H&T Retail Team Reps Exclusive

May 16, 2025
Equinox Shopping Center, Manchester VT

MANCHESTER — The retail brokerage team of Bob Horvath, Todd Tremblay, and Jack Laurendeau of Horvath & Tremblay recently completed the sale of Equinox Square Shopping Center in Manchester Center, Vermont. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $3,125,000.

Equinox Square Shopping Center is located at 365-369 Depot Street in Manchester Center. The complex was constructed in 1978 and is improved by three buildings with a total of 17,985 square feet on a large 1.91-acre parcel of land. The Property is 100% leased to an attractive mix of national retailers and service tenants that cater to area residents.

Starbucks anchors the retail center and is also home to Jockey, Carter’s, Subway, Body Lab and LX Fitness Club. Three of the tenants (Starbucks, Jockey, and Subway) have net leases and are responsible for reimbursing their pro-rata share of all operating expenses, repairs, and maintenance. LX Fitness is responsible for its pro-rata share of increases in real estate taxes, protecting against rising operational costs.

Additionally, four of the six leases call for scheduled rent increases in the primary lease term or at the start of the renewal options, providing an attractive bump in revenue and a hedge against inflation. Equinox Square Shopping Center is conveniently located on Depot Street (VT Route 11), the area’s primary commercial and commuter corridor. The property is positioned in the heart of Manchester Center and just 0.5 miles from Main Street (VT Route 7A) and is 1 mile from US Highway 7 - Western Vermont’s primary north-south thoroughfare. Equinox Square Shopping Center is close to Price Chopper and Shaw’s, the area’s two grocery stores, surrounded by unique local boutiques, restaurants, and cafes, designer outlets, and art & artisan galleries - all of which drive traffic to the immediate area.

Jack Laurendeau Todd Tremblay Bob Horvath

Recent Headline News

Subscriber Content