469 East Main Street

Branford, CT 06405 Directions
$4,650,000
  • 28,088Sqft
  • 3.93Acres
  • 2005Built
  • $166Price/Sqft

Property Highlights

  • Days on Market: 11
  • MLS: 24177556

Property Highlights

  • Days on Market: 11
  • MLS: 24177556

469 East Main Street, Branford, Connecticut, is offered for sale as a stabilized multi-tenant investment property anchored by Planet Fitness, which has approximately eight years remaining on its current lease term along with multiple renewal options. The property provides stable and predictable long-term cash flow and is offered at an approximate 7.5% capitalization rate and roughly $165 per square foot, presenting an attractive investment opportunity within the Connecticut market. The 28, 088-square-foot freestanding retail building features a complementary mix of synergistic tenants and is strategically positioned along a high-visibility commercial...

Property Highlights

  • Days on Market: 11
  • MLS: 24177556

469 East Main Street, Branford, Connecticut, is offered for sale as a stabilized multi-tenant investment property anchored by Planet Fitness, which has approximately eight years remaining on its current lease term along with multiple renewal options. The property provides stable and predictable long-term cash flow and is offered at an approximate 7.5% capitalization rate and roughly $165 per square foot, presenting an attractive investment opportunity within the Connecticut market. The 28, 088-square-foot freestanding retail building features a complementary mix of synergistic tenants and is strategically positioned along a high-visibility commercial corridor between New York City and Boston. Its proximity to Yale University and Yale New Haven Hospital further supports strong regional demand and long-term market stability. This offering represents an opportunity to acquire a well-maintained, turn-key investment asset with secure income, long-term tenancy, and favorable positioning within a strong Connecticut retail market.

469 East Main Street, Branford, Connecticut, is offered for sale as a stabilized multi-tenant investment property anchored by Planet Fitness, which has approximately eight years remaining on its current lease term along with multiple renewal options. The property provides stable and predictable long-term cash flow and is offered at an approximate 7.5% capitalization rate and roughly $165 per square foot, presenting an attractive investment opportunity within the Connecticut market. The 28, 088-square-foot freestanding retail building features a complementary mix of synergistic tenants and is strategically positioned along a high-visibility commercial corridor between New York City and Boston. Its proximity to Yale University and Yale New Haven Hospital further supports strong regional demand and long-term market stability. This offering represents an opportunity to acquire a well-maintained, turn-key investment asset with secure income, long-term tenancy, and favorable positioning within a strong Connecticut retail market.

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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: 3
    • 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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