480 Boston Post Rd, Orange, CT 06477

This exceptional investment opportunity presents a fee-simple, Class A, 2,381 square foot KFC restaurant located at 480 Boston Post Rd, Orange, CT 06477. The property boasts a strong 5.39% cap rate and a substantial net operating income (NOI) of $87,641. Secured by a long-term, absolute NNN lease with KFC, the lease has 9.8 years remaining, with five 3-year renewal options, each including a 6% rent increase. The property sits on a 0.92-acre lot with 24 parking spaces and benefits from a high-traffic location, with 21,000 cars passing daily. The area's dense population (51,000 within a 3-mile radius) and proximity to other major retailers like Dunkin' Donuts, IHOP, Costco, Home Depot, Whole Foods, and Taco Bell, ensures consistent customer traffic. The asking price is $1,625,000, translating to a price per square foot of $682.49. This is a stabilized investment with 100% occupancy, offering a secure and lucrative return for the discerning investor. The lease expires August 31, 2034.