348 Boston Post Rd | Orange, CT 06477
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- LoopNet Team
348 Boston Post Rd
Orange, CT 06477
TGI Fridays · Retail Property For Sale
Investment Highlights
- 15-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow
- Corporate Guarantee
- Recently Remodeled | Significant Capital Improvements Made
- Attractive Rental Increases of 1.5% Annually
- Tenant Renewal Options: Eight (8) Periods of Five (5) Years, Each Bringing the Potential Lease Term to 55 Years
- Located Approximately Five Miles From New Haven | Second Largest City in Connecticut | First City Founded in America
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,675 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.77 AC
Zoning
C-2 - Zoned for retail, office use, restaurant, education, hotels, veterinary hospitals, and more
Parking
143 Spaces (18.63 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | ORAN-000022-000005-000001-000001B | Improvements Assessment | $1,446,500 |
| Land Assessment | $533,100 | Total Assessment | $1,979,600 |
Property Taxes
Parcel Number
ORAN-000022-000005-000001-000001B
Land Assessment
$533,100
Improvements Assessment
$1,446,500
Total Assessment
$1,979,600
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