50 Boston Post Rd - Storefront FOR SALE


Orange, CT 06477
$11,000,000 USD
203-640-5575
50 Boston Post Rd, Orange, CT for Sale
$11,000,000 USD
Storefront - FOR SALE
1/9
null | 7.73% Cap Rate

50 Boston Post Rd
Orange, CT 06477


HIGHLIGHTS

  • Retail center with long-term leases in place.
  • Proximity to other national tenants in an ideal retail corridor.

OVERVIEW

INVESTMENT OPPORTUNITY: O,R&L Commercial and KBC Advisors have been exclusively retained to offer for Sale 50 Boston Post Road in Orange, Connecticut. This asset provides investors with the opportunity to acquire a 65,000+/- square foot net-lease retail property located on a freestanding outparcel with over 500' of frontage on the Boston Post Road / Route 1. The property is 100% leased by two tenants on a triple-net basis: Edge Fitness, a regional fitness club and Guitar Center, a national musical instrument retailer. The location of the asset is strategically situated on the Boston Post Road / Route 1--southern Connecticut's major retail corridor (ADT: 20,838) and is a short distance to Interstate 95 providing great accessibility from all directions of travel. In addition, the property has excellent visibility from Route 1 and ample parking to accommodate its tenants' clientele. NNN Sale | 7.73 Cap Rate | Sale Price: $11,000,000

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

7.73%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

311

LAND DETAILS

CROSS STREETS

Meloy Rd

LAND ACRES

7.51 AC

LAND SF

327,136 SF

ZONING

C-1

APN/PARCEL ID

ORAN-000056-000003-000003

ASK ABOUT THIS PROPERTY

Toby BrimbergO, R & L CommercialMore Info
203-640-5575

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Toby BrimbergO, R & L CommercialMore Info
203-640-5575

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.