Updated May 12, 2025
Sushi Kingdom Signs Lease For 5300 Square Foot Restaurant At 285 Boston Post Road In Orange CT
285 Boston Post Road
Building Size
5,300 SF
Asset Type
Retail
Closing
Mar 28, 2025
About this deal
AI
The property asset involved in this transaction is a retail space located at 285 Boston Post Road, Orange, CT. The asset encompasses a total of 5,300 square feet and is designated for restaurant use.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Lease Date: 03/28/2025
- Tenant: Sushi Kingdom
- Broker: Stephen Press - Press|Cuozzo
Stephen Press, representing Press|Cuozzo, has successfully facilitated the lease for Sushi Kingdom, an all-you-can-eat Japanese and Thai restaurant concept. The restaurant will take over the location previously occupied by Eli’s.
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Retail
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93