28,088 SF

retail

28,088 SF

469 Main Street
Branford, Connecticut 06405

Price

$4,650,000

Price/SF

$165.55/SF

Building Size

28,088 SF

Lot Size

3.93 acres

Year Built

2005

Units

3

Property Description

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.

Additional Details

Zoning

IG-2

MLS Number

24177556

Property ID

f5353a8a-9f2d-403d-afc4-e90786b6d8b5

MLS Information

MLS#: 24177556

Listed by: Coldwell Banker Realty

Agent: Nick Mastrangelo • (203) 641-2100 • nick.mastrangelo@cbmoves.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.

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