469 East Main Street

Branford, CT 06405 Directions
$4,900,000
  • 28,088Sqft
  • 3.93Acres
  • 2005Built
  • $174Price/Sqft

Property Highlights

  • Days on Market: 15
  • MLS: 24140292

Property Highlights

  • Days on Market: 15
  • MLS: 24140292

469 East Main Street, Branford, CT is offered for sale as a fully leased, stabilized net-leased investment anchored by a nationally recognized tenant with 9 years remaining on the current lease term and multiple renewal options. The property provides predictable, long-term cash flow supported by a strong tenancy profile and structured annual rental increases, creating built-in income growth. The asset is offered at a 7.50% cap rate and approximately $174 per square foot, representing an attractive basis for investors seeking dependable yield in a core Connecticut market. The 28, 088 SF freestanding building features a balanced mix of anchor and...

Property Highlights

  • Days on Market: 15
  • MLS: 24140292

469 East Main Street, Branford, CT is offered for sale as a fully leased, stabilized net-leased investment anchored by a nationally recognized tenant with 9 years remaining on the current lease term and multiple renewal options. The property provides predictable, long-term cash flow supported by a strong tenancy profile and structured annual rental increases, creating built-in income growth. The asset is offered at a 7.50% cap rate and approximately $174 per square foot, representing an attractive basis for investors seeking dependable yield in a core Connecticut market. The 28, 088 SF freestanding building features a balanced mix of anchor and complementary retail users with independent utilities and efficient operating structure, minimizing landlord responsibilities. Strategically positioned in a high-visibility commercial corridor between New York City and Boston, and within close proximity to Yale University and Yale New Haven Hospital, the property benefits from sustained regional demand drivers and strong market fundamentals. This offering represents an opportunity to acquire a turn-key asset with secure income, long-term lease stability, and favorable market positioning.

469 East Main Street, Branford, CT is offered for sale as a fully leased, stabilized net-leased investment anchored by a nationally recognized tenant with 9 years remaining on the current lease term and multiple renewal options. The property provides predictable, long-term cash flow supported by a strong tenancy profile and structured annual rental increases, creating built-in income growth. The asset is offered at a 7.50% cap rate and approximately $174 per square foot, representing an attractive basis for investors seeking dependable yield in a core Connecticut market. The 28, 088 SF freestanding building features a balanced mix of anchor and complementary retail users with independent utilities and efficient operating structure, minimizing landlord responsibilities. Strategically positioned in a high-visibility commercial corridor between New York City and Boston, and within close proximity to Yale University and Yale New Haven Hospital, the property benefits from sustained regional demand drivers and strong market fundamentals. This offering represents an opportunity to acquire a turn-key asset with secure income, long-term lease stability, and favorable market positioning.

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  • Additional Information
    • Acres: 3.93
    • Area Type: Retail Corridor
    • Frontage: 435
    • Garage: Paved, Parking Lot
    • Handicap Features: Accessible Bath
    • Is Occupied?: Tenant
    • Living Area SqFt: 28,088
    • Present Use: Health Club & Office Space
    • Property Tax: $74,838
    • Road Frontage: 435
    • Road Frontage Description: U.S. Highway
    • Sewer: Public Sewer Connected
    • Tax Amount: $74,838
    • Unit Count: 4
    • Utilities Available: Electric, Gas, Fire Suppression System
    • Year Built: 2005
    • Zoning: IG-2
  • Amenities
  • Interior Features
    • Air Conditioning: Central Air
    • Cooling: Central Air
    • Flooring: Concrete
    • Furnace Type: Natural Gas
    • Heat: Natural Gas
    • Heat Fuel: Natural Gas
    • Living SqFt Source: Public Records
    • Stories: 2
  • Exterior Features
    • Exterior Features: Sidewalk,Lighting,Pole Sign,Door Sign
    • Roof: Rubber, Tar/Gravel

Listing Courtesy of Nick Mastrangelo of Coldwell Banker Realty.

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