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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