50 Boston Post Rd, Orange, CT 06477-3239

This exceptional investment opportunity presents a 61,120-square-foot retail property situated on a 7.51-acre lot in Orange, Connecticut. The property, built in 1990 and renovated in 1990, boasts a Class B designation and features a single, one-story building with two tenants under long-term, triple-net (NNN) leases. Currently operating at 100% occupancy, the property generates a substantial net operating income (NOI) of $850,450, resulting in an attractive 7.73% capitalization rate. The asking price is $11,000,000, translating to a price per square foot of $179.97. Strategically located on 50 Boston Post Road (Route 1), a major retail corridor with high traffic volume (20,838 average daily traffic), this property benefits from excellent visibility and accessibility. Ample parking is available to accommodate the clientele of the two tenants: a regional fitness club and a national musical instrument retailer. This is a rare opportunity to acquire a stable, high-performing retail investment in a prime location. The property's strong tenant mix, long-term leases, and high NOI make it an ideal addition to any investment portfolio. The property's location offers easy access to Interstate 95, further enhancing its appeal.