469 East Main Street

Branford, Connecticut 06405

Status
For Sale
Square Feet
28,088
Beds
0
Price
$4,900,000
Type
Commercial For Sale
Garages
Baths
0
MLS
24140292

Price

$4,900,000

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Interior Details

Interior Size
28,088 Sq Ft
Bedrooms
0
Bathrooms
0
Rooms Total
Garage

Exterior Details

Lot Size
3.93 Acres
Roof
Rubber,Tar/Gravel
Sewer
Public Sewer Connected
Construction
Construction
Cooling
Central Air

Other Information

Property Tax
$74,838
Assessed Value
$3,497,100
Elementary School
NULL
Middle School
NULL
High School
NULL

About Property

469 East Main Street, Branford, CT is offered for sale as a fully leased, stabilized net-leased investment anchored by a nationally recognized tenant with 9 years remaining on the current lease term and multiple renewal options. The property provides predictable, long-term cash flow supported by a strong tenancy profile and structured annual rental increases, creating built-in income growth. The asset is offered at a 7.50% cap rate and approximately $174 per square foot, representing an attractive basis for investors seeking dependable yield in a core Connecticut market. The 28,088 SF freestanding building features a balanced mix of anchor and complementary retail users with independent utilities and efficient operating structure, minimizing landlord responsibilities. Strategically positioned in a high-visibility commercial corridor between New York City and Boston, and within close proximity to Yale University and Yale New Haven Hospital, the property benefits from sustained regional demand drivers and strong market fundamentals. This offering represents an opportunity to acquire a turn-key asset with secure income, long-term lease stability, and favorable market positioning.
Listed by Coldwell Banker Realty, Nick Mastrangelo. Data sourced from SmartMLS

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