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469 E Main St, Branford, CT 06405

$4,650,000
: 28,088
SqFt

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List Price: $4,650,000
Status: ACTIVE
MLS#: 24177556
Year Built: 2005
Acres: 3.93
Living Area: 28,088

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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.

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Additional Information

Taxes: $77,496
Lot Size: 171,190
Interior Features: Elevator
Flooring: Concrete
Heating: Hot Air
Cooling System Type: Central Air
Water Source: Public
Exterior Features: Sidewalk, Lighting
Parking Spaces: 185