R. CALABRESE AGENCY SELLS MCDONALDS NET LEASED PROPERTY FOR $1,325,000

September 28, 2015

Manchester, CT...Tony Valenti and Ralph Calabrese of the R.Calabrese Agency, LLC of Waterbury, CT recently announced the sale of a net ground lease for a  McDonalds located at184-188 Spencer Street in Manchester, CT. The 4,302 square foot building on 1.20 acres is situated at a signalized intersection in close proximity to exit 1 of the Route 384 connector to Interstate-84. The surrounding neighborhood is a heavily traveled retail corridor with a recently approved Wal-Mart diagonally across the road as well as Shop-Rite, Starbucks, Dunkin' Donuts, Subway, Pep Boys, Ocean State Job Lot, Studio 6 Hotel, and Wendy’s. The Buyer, NF, LLC was represented by the R. Calabrese Agency, LLC and the seller was represented by the Zinsser Real Estate Agency of Manchester.