PeoplesBank of Holyoke 2815 Main St Local commercial 167 m² À vendre Glastonbury, CT 06033 2 736 900 € (16 430,42 €/m²) Taux de capitalisation 5,50 %

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire a new construction PeoplesBank located at 2815 Main Street in Glastonbury, Connecticut (the “Property”). The free-standing single tenant PeoplesBank will consist of a 1,793 square-foot building with a canopied drive-thru and drive-up ATM. PeoplesBank has a new 15-year Absolute NNN Ground Lease with five (5), five-year renewal options. The lease calls for attractive 10% increases every 5 years throughout the primary lease term and at the start of each renewal option. The Property is currently under construction and is set to open in 2025. The Property is situated at the signalized intersection of Main Street and Spring Street; Main Street is the area’s primary commercial corridor and PeoplesBank will enjoy outstanding visibility, frontage and access. The Property is part of a dominant trade area at the junction of CT Routes 2 and 3 that is home to many national retailers, restaurants, multiple large shopping centers, and a number of local businesses and employers, all of which drive traffic to the area. CT Routes 2 and 3 provide convenient access to Hartford and all areas of the state. Glastonbury is an affluent suburb of Hartford located on the east bank of the Connecticut River. The town is home to an award-winning school system, numerous national retailers, boutique shops, and national and local restaurants