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 ...


Property

Website:https://www.nestseekers.com/5146109
Address:
469 East Main
Branford, CT 06405
Ownership: Commercial
Type: Commercial
Area: 28088 sq ft

Financials

Price:$4,900,000
Annual Taxes:$74,838

Description

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.

Amenities

  • Accessible Bath
  • Central Air
  • Door Sign
  • Elementary School -
  • Elevator
  • High School -
  • Intermediate School -
  • Lighting
  • Pole Sign
  • Sidewalk

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Nick Mastrangelo of Coldwell Banker Realty