Freestanding Retail Building with Fitness
For Sale
$4,650,000
469 East Main Street, Branford, CT 06405
Stabilized multi-tenant retail investment anchored by Planet Fitness with lease term and renewal options in place.
Property Size28,088 SF
Price / SF$165.55
Days on Market97
Property Features for 469 East Main Street
General Information
Standard status
Active
Size
28,088 SF
Property subtype
Commercial
Additional Details
Cap Rate
7.5%
Building Details
Year Built
2005
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty
Listed By:
Nick Mastrangelo
(203) 641-2100
Source:
Lockandkeyre
Added: May 29
Changed: Sep 2
Last Checked: Sep 1 at 6:08PM
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.
469 East Main Street is a well-maintained, freestanding retail building offered as a stabilized, turn-key multi-tenant investment anchored by Planet Fitness. The property totals 28,088 square feet and is described as having a complementary mix of tenants, designed to support steady occupancy and predictable income. Planet Fitness is in place with approximately eight years remaining on its current lease term, along with multiple renewal options.
The building is positioned along a high-visibility commercial corridor between New York City and Boston, benefiting from strong regional retail exposure. The property is also located in proximity to Yale University and Yale New Haven Hospital, which the offering cites as supporting long-term market stability and demand.
For investors seeking durable cash flow, this asset combines a major fitness anchor with established tenancy and an income profile supported by remaining lease term and available renewals. The freestanding configuration and stabilized structure are suited to buyers looking for a relatively low-management investment opportunity in Connecticut’s retail market.
The building is positioned along a high-visibility commercial corridor between New York City and Boston, benefiting from strong regional retail exposure. The property is also located in proximity to Yale University and Yale New Haven Hospital, which the offering cites as supporting long-term market stability and demand.
For investors seeking durable cash flow, this asset combines a major fitness anchor with established tenancy and an income profile supported by remaining lease term and available renewals. The freestanding configuration and stabilized structure are suited to buyers looking for a relatively low-management investment opportunity in Connecticut’s retail market.
Key Highlights
- 28,088 SF freestanding retail building built in 2005
- Anchored by Planet Fitness with approximately eight years remaining on the current lease term
- Lease includes multiple renewal options for additional long‑term tenancy
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
419
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Similar Off Market Nearby
- Arsens Gym | 24/7 Branford, Ct — 251 W Main St, Branford, CT 06405
- Physical Fitness, LLC — 249 W Main St, Branford, CT 06405
- Northeast Athletics & Training — 845 W Main St Ste 8, Branford, CT 06405
- Northeast Taekwondo — 845 W Main St Ste 8, Branford, CT 06405
- Fit Body Boot Camp — 885 W Main St Suite A, Branford, CT 06405
Frequently Asked Questions
What type of property is this?
Fitness center & gym - Stabilized multi-tenant retail investment anchored by Planet Fitness with lease term and renewal options in place.
Where is this fitness center & gym located?
The property is located at 469 East Main Street Branford, CT.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: 28,088 SF freestanding retail building built in 2005; Anchored by Planet Fitness with approximately eight years remaining on the current lease term; Lease includes multiple renewal options for additional long‑term tenancy
