Bob's Discount Furniture

515 Boston Post Rd
Orange , CT 06477-3509

Bob's Discount Furniture - Retail for sale


JLL Capital Markets is pleased to offer for sale the Bob’s Discount Furniture property in Orange, Connecticut. The property represents an exceptional opportunity to acquire a well-established, single-tenant asset in a strong suburban location. The site is situated in the heart of the Route 1/Boston Post Road corridor, the premier retail corridor in New Haven County. Bob’s is neighbored by dozens of other national credit retailers, including Whole Foods, Walmart, Target, Home Depot, Costco, TJ Maxx and the super-regional Connecticut Post Mall. Bob’s Discount Furniture has been operating at this location for over 20 years, and offers investors a stable income stream with 2.5% annual rental increases.

Investment Highlights

  • Established Retail Corridor and Strong Demographics
  • Proven Location
  • Fully Net Lease
Property Type Retail
Property Subtype Single Tenant / Stand-alone
Tenure Type Sale / Purchase
Property Address 515 Boston Post Rd, Orange, CT 06477-3509
Land In Acres 1.5
Building Size 28,024  ft2
Price $6,588,000
Cap Rate 7.75%
Current NOI $510,366.00
Tenant's Name Bob's Discount Furniture, LLC
Lease Type NNN
Annual Rent $510,366.00
Lease Expiration Date 10/31/2023
Remaining Term 4.6Yrs

Other properties you may be interested in

  • Identity Group - Net Lease Industrial Portfolio, JLL PowerSearch
    Identity Group - Net Lease Industrial Portfolio
    Various - See Om For Details, TN
    Type(s):     Industrial
    Tenure(s):     Sale / Purchase
    Price ($USD):     8,000,000
    Space Available:     200,749 ft2
  • Bob's Discount Furniture - Stoughton, MA, Stoughton, JLL PowerSearch
    Bob's Discount Furniture - Stoughton, MA
    601 Technology Center DrStoughton, MA 02072-4719
    Type(s):     Retail
    Tenure(s):     Sale / Purchase
    Price ($USD):     9,390,000
    Space Available:     34,136 ft2
  • Walgreens - East Providence, East Providence, JLL PowerSearch
    Walgreens - East Providence
    600 Warren AveEast Providence, RI 02914-2808
    Type(s):     Retail
    Tenure(s):     Sale / Purchase
    Price ($USD):     3,790,850
    Space Available:     16,657 ft2
  • Walgreens - Westbrook, CT, Westbrook, JLL PowerSearch
    Walgreens - Westbrook, CT
    1211 Boston Post RdWestbrook, CT 06498-1949
    Type(s):     Retail
    Tenure(s):     Sale / Purchase
    Price ($USD):     8,532,000
    Space Available:     14,820 ft2
  • Ashley HomeStore - Leasehold, Norwalk, JLL PowerSearch
    Ashley HomeStore - Leasehold
    51 Richards AveNorwalk, CT 06854-2309
    Type(s):     Retail
    Tenure(s):     Sale / Purchase
    Price ($USD):     Contact Us
    Space Available:     24,041 ft2
  • Walgreens, Roselle, JLL PowerSearch
    120 E 1st AveRoselle, NJ 07203-1210
    Type(s):     Retail
    Tenure(s):     Sale / Purchase
    Price ($USD):     7,167,000
    Space Available:     12,975 ft2