Free-Standing Single-Tenant Koh’s Sells for $7M+ via Horvath&Tremblay/Interstate

ORANGE CT — Bob Horvath, Todd Tremblay, Jack Laurendeau and Matt Nadler of Horvath & Tremblay completed the sale of a single-tenant Kohl’s in Orange, Connecticut. Horvath & Tremblay, along with Steven Spector of Interstate Realty Advisors, exclusively represented the seller and sourced the buyer to complete the transaction at a sale price of $7,050,427.

Kohl’s is located at 250 Bull Hill Lane in Orange, Connecticut. Kohl’s has been at the Property since 2005, operating under a 20-year Absolute NNN Ground Lease, and recently demonstrated their commitment to the site and the market by extending their lease through January 2031. Kohl’s has 5+ years remaining on their lease with three (3), 5-year renewal options. The lease provides for an attractive 10% rent increase in 2026 and at the start of the renewal option period. Kohl’s is well located along Bull Hill Lane, sitting directly between Boston Post Road (US-1) and the Connecticut Turnpike (I-95), the area’s primary commercial corridor and major travel and transportation highway, respectively.

The location is part of a dominant trade area along Boston Post Road and continuing to Interstate 95 via Bull Hill Lane, with countless businesses, national retailers and restaurants, and industrial facilities nearby, all of which draw significant traffic to the area. The Property’s proximity to area highways offers convenient access to downtown New Haven, Yale University, Yale New Haven Hospital, and transportation through Connecticut and the Northeast.

The Lynnfield, MA-based Horvath&Tremblay has been successfully structuring sale-lease-back programs, portfolio dispositions, and 1031 exchanges for more than a decade. They have continued to stretch their retail and multifamily services across the country, with offices as far west as Park City, Utah.