For Sale
$1,675,000

480 Boston Post RdOrange, CT 06477

High-yield KFC drive-thru, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional retail investment opportunity presents a 2,521 square foot KFC drive-thru restaurant located at 480 Boston Post Road in Orange, Connecticut. The property boasts a strong 5.23% cap rate, generating a net operating income (NOI) of $87,641 annually, with built-in rent increases of 6% every three years. The lease features a three-year term with three additional three-year options remaining, providing long-term stability. The tenant is a highly reputable KFC franchisee operating over 50 Yum! Brands locations and offers a full guarantee. The property's strategic location on Boston Post Road, a high-traffic thoroughfare with approximately 18,800 vehicles passing daily, ensures exceptional visibility. The site benefits from prominent storefront signage and a large, double-sided pylon sign, maximizing brand exposure. Ample parking is available with 28 or more spaces on-site. Conveniently situated just two miles north of the I-95 interchange, this property offers unparalleled accessibility and exposure. The 0.92-acre lot and the property's strong financial performance make this an attractive investment opportunity. The asking price is $1,675,000. APN: ORAN-000013-000007-000004.

Highlights

  • 2,521 SF KFC with drive-thru, 6+ years remaining on base term plus three 3-year options.
  • High traffic location with 18,800 VPD.
  • Strong, experienced tenant with 50+ Yum! Brands locations and corporate guarantee.
  • Excellent visibility on Boston Post Road with prominent signage.
  • 28+ parking spaces.
  • Strategic location, 2 miles north of I-95 interchange.

Property Details for 480 Boston Post Rd

Property type
Retail properties
Square Feet
2,521 SF
Lot Size (sq. ft)
40,075 SF

Location Insight

City
Orange
County
New Haven
State
Connecticut
Latitude
41.2563508
Longitude
-73.0137895
480 Boston Post Rd, Orange, Connecticut

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480 Boston Post Rd
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