Cushman & Wakefield’s Capital Markets Group is pleased to present for sale 112-118 Boston Post Road in Orange, Connecticut for $5,500,000.
112-118 Boston Post Road is a 30,730± SF shopping center comprised of a main strip building and a separate retail pad located within the well-established Boston Post Road (Route 1) Retail Corridor, 1.5± miles from Exits 41 and 42 of Interstate 95. The Center is 96% leased to eight tenants with a weighted average lease term of 6.35 years and is anchored by David’s Bridal (8,600 SF—tenant since 1997).
The Center sits on a 3-acre site that provides a parking ratio of 6.35/1,000 SF and has 480’± of frontage on the Boston Post Road (24,500± VPD) at its signalized intersection with Bull Hill Lane (245’± frontage/13,100± VPD). 112-118 Boston Post Road benefits from a combination of quality national tenants, the surrounding density of retail on Route 1 and Bull Hill Lane, and its strategic location within a supply constrained, established 3.5± MSF regional drawing retail corridor.