Freestanding Retail
For Lease
$4,650,000
469 E Main St, Branford, CT 06405
Freestanding multi-tenant retail building anchored by Planet Fitness with an approximately eight-year term remaining.
Space SizeContact for details
Days on Market102
Property Features for 469 E Main St
General Information
Standard status
Active
Additional Details
Cap Rate
7.5%
Taxes and HOA fees
Annual Taxes
$77,496
Building Details
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty
(203) 795-6000
Listed By:
Nick J. Mastrangelo
(203) 641-2100
Source:
Exprealty
Added: May 29
Changed: Aug 20
Last Checked: Sep 6 at 12:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
A freestanding, stabilized multi-tenant retail building anchored by Planet Fitness. The property is supported by an approximately eight years remaining on Planet Fitness’s current lease term and includes multiple renewal options. The offering is described as a maintained, turn-key investment asset with secure, long-term tenancy.
The building is approximately 28,088 square feet and is positioned along a high-visibility commercial corridor between New York City and Boston. The remarks also note proximity to Yale University and Yale New Haven Hospital.
Tenancy is described as a complementary mix of synergistic tenants, and the property is presented as providing stable, predictable long-term cash flow within the Connecticut market.
The building is approximately 28,088 square feet and is positioned along a high-visibility commercial corridor between New York City and Boston. The remarks also note proximity to Yale University and Yale New Haven Hospital.
Tenancy is described as a complementary mix of synergistic tenants, and the property is presented as providing stable, predictable long-term cash flow within the Connecticut market.
Key Highlights
- 28,088 SF freestanding retail building in Branford, CT
- Anchored by Planet Fitness with approximately eight years remaining on its current lease term
- Planet Fitness lease includes multiple renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
419
Businesses Nearby
50k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 32%
Apparel 17%
McDonald's
Dining
25,275 visits/mo
0.1 miles
Goodwill
Apparel
8,504 visits/mo
0.2 miles
Sunoco
Shops & Services
5,626 visits/mo
0.5 miles
Branhaven (Chrysler Dodge Jeep Ram)
Shops & Services
2,853 visits/mo
0.2 miles
Firestone Complete Auto Care
Shops & Services
2,180 visits/mo
0.4 miles
Demographics for 06405, CT
28,171
Population
14,334
Households
2
Avg Household Size
51
Median Age
50%
College-Educated
96%
High-School Grad
21.6 sq mi
ZIP Area
1,304
Density / Sq Mi
$97,223
Median Household Income
$63,402
Median Earnings
$1,529
Median Rent
$388,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Shopping center - Freestanding multi-tenant retail building anchored by Planet Fitness with an approximately eight-year term remaining.
Where is this shopping center located?
The property is located at 469 E Main St Branford, CT.
What is the lease rate?
The lease rate is $4,650,000.
What are key features of this property?
This property features: 28,088 SF freestanding retail building in Branford, CT; Anchored by Planet Fitness with approximately eight years remaining on its current lease term; Planet Fitness lease includes multiple renewal options
