469 East Main Street

Branford, CT 06405

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

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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Property Highlights
  • DAYS ON MARKET : 60
  • MLS : 24177556

Additional Information

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: $77,496
  • ROAD FRONTAGE: 435
  • ROAD FRONTAGE DESCRIPTION: U.S. Highway
  • SEWER: Public Sewer Connected
  • TAX AMOUNT: $77,496
  • 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

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Location for 469 East Main Street, Branford, CT

Schools for 469 East Main Street, Branford, CT

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Branford

Shoreline, Connecticut

Twenty miles of coastline along Long Island Sound sets the stage for Branford’s healthy mix of residential, commercial and industrial endeavors. Offering a scenic setting, the town boasts more than 15...

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  • William Pitt Sotheby's International Realty

Listing Courtesy of Nick Mastrangelo of ((203) 641-2100)Coldwell Banker Realty (203.795.6000).