Venu Flower Collective 895 Washington St

Horvath & Tremblay is pleased to present the exclusive sale of a net leased Venu Flower Collective investment property located at 895 Washington Street in Middletown, Connecticut (the “Property”). Venu Flower Collective signed a brand-new, 10-year lease in 2023, and the current lease term expires in March 2033, followed by one (1), 5-year renewal option. The lease features attractive 3% rent increases annually through the remaining lease term and option period. Venu Flower Collective is well-located on Washington Street, the area’s primary real corridor. Situated on an outparcel to a Home Depot-anchored shopping center, the Property enjoys excellent frontage and visibility and is in close proximity to a large number of national retailers that drive traffic to the area. Venu Flower Collective is just over a mile from Wesleyan University, one of the most prestigious liberal arts colleges in the country and a significant economic driver for Middletown and the surrounding area. income of $110,071. Over 81,000 people live within a 5-mile radius of the Property with an average household income of $120,638.