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 ...
| Website: | https://www.nestseekers.com/5519822 |
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| Address: | 469 East Main Branford, CT 06405 |
| Ownership: | Commercial |
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| Type: | Commercial |
| Area: | 28088 sq ft |
Financials
Price:$4,650,000
Annual Taxes:$74,838
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.
Amenities
- Accessible Bath
- Central Air
- Door Sign
- Elementary School -
- Elevator
- High School -
- Intermediate School -
- Lighting
- Pole Sign
- Sidewalk
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1 203-204-9555 | |
| Listing Courtesy of Nick Mastrangelo of Coldwell Banker Realty | |