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Triple-Net Leased IHOP Restaurant
For Sale
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486 Boston Post Road, Orange, CT 06477

IHOP triple-net restaurant with pylon signage and easy in/out access on Boston Post Road.

Property SizeContact for details
Days on Market121

Property Features for 486 Boston Post Road

General Information

Standard status Active
Property subtype Retail

Additional Details

Road Access Yes
Listing Agency: TRI Commercial Roseville
Listed By: Bob King · License #CA 01031903
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 3:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TRI Commercial Roseville

Investment Insights

Based on property information with market context.

This is a corporate absolute triple-net leased IHOP restaurant. The property has been successfully operated since 2001 and features a long-tenured store presence with a strong sales history. The lease is in the primary term with 8.5 years remaining, followed by three additional five-year options, and provides for 10% rent increases every five years.

The site offers easy in/out access on the Boston Post Road and includes pylon signage. It is located near Yale University in New Haven and near Connecticut Post Mall, which is noted as a 1.3M SF destination.

Key Highlights

  • Triple‑net leased IHOP restaurant with pylon signage
  • Easy in/out access on the Boston Post Road
  • Lease has 8.5 years remaining on the primary term plus 3 five‑year options

Property Analytics

Current Use

IHOP Restaurant

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Auto Parts Store Parking Lot & Garage HVAC Service Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,038
Businesses Nearby
86k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 32% Groceries 27% Dining 23% Home Improvements & Furnishings 17%
Restaurant Depot Groceries
23,099 visits/mo 0.5 miles
Tractor Supply Co. Home Improvements & Furnishings
14,370 visits/mo 0.4 miles
Duchess Dining
11,517 visits/mo 0.4 miles
Party City Shops & Services
11,481 visits/mo 0.2 miles
Chase Bank Shops & Services
7,589 visits/mo 0.4 miles

Demographics for 06477, CT

14,280
Population
5,388
Households
2.7
Avg Household Size
47
Median Age
59%
College-Educated
97%
High-School Grad
17.2 sq mi
ZIP Area
830
Density / Sq Mi
$145,625
Median Household Income
$75,537
Median Earnings
$2,016
Median Rent
$466,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - IHOP triple-net restaurant with pylon signage and easy in/out access on Boston Post Road.
Where is this conventional restaurant located?
The property is located at 486 Boston Post Road Orange, CT.
What are key features of this property?
This property features: Triple‑net leased IHOP restaurant with pylon signage; Easy in/out access on the Boston Post Road; Lease has 8.5 years remaining on the primary term plus 3 five‑year options
More about this property
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