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469 East Main St Branford, CT 06405

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For Sale
$4,900,000

Fully leased retail property with long-term tenants and income growth.

Property size:
28,088 SF
Lot size:
3.93 Acres

Property Features for 469 East Main St

General Information

Standard status
Active
Size
28,088 SF
Lot size
3.93 Acres

Building Details

Year built
2005

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Listing Contact
Nick Mastrangelo
Nick Mastrangelo
Source: Corcoran

Listing Agency: Coldwell Banker Realty Listing Agent: Nick Mastrangelo

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Branford Retail Investment Opportunity

The property at 469 East Main Street, Branford, CT, is available for purchase as a fully leased, stabilized net-leased investment. The 28,088 square foot freestanding building is anchored by a nationally recognized tenant with 9 years remaining on the current lease term and multiple renewal options. The property features a mix of anchor and complementary retail users. It has independent utilities and an efficient operating structure. The property is positioned in a high-visibility commercial corridor between New York City and Boston, and in close proximity to Yale University and Yale New Haven Hospital. The property is offered at a 7.50% cap rate and approximately $174 per square foot. The property provides predictable, long-term cash flow supported by a strong tenancy profile and structured annual rental increases, creating built-in income growth.
Location Intelligence

Current Use by Public Records

Connecticut Orthopaedics Medical Clinic Connecticut Orthopaedics Sports ... Physician R3 Fitness Branford Gym & Fitness Center Jacqueline Murray Physician Dr. Louis J. ... Physician

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Florals By Kait, Branford Flowers, LLC, Stop & Shop Florist

Location Insight

  • Map
  • Local Demand
City
Branford
County
New Haven
State
Connecticut
Longitude
-72.8473649
Latitude
41.2792374

FAQs

What type of property is this?
Storefront property - Fully leased retail property with long-term tenants and income growth.
Where is this storefront property located?
The property is located at 469 East Main St Branford, CT.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: - Fully leased, stabilized net-leased investment with a nationally recognized tenant.; - 9 years remaining on the current lease term with multiple renewal options.; - **Attractive 7.50% cap rate** and approximately $174 per square foot.
More about this property
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