469 East Main Street
$4,900,000
469 East Main Street, Branford, CT 06405
7.5
Cap Rate
20,888 sqft
Building Size
Details:
Highlights:
- Annual Tax: $ 74838.0
- Age: 11-20 Years Old
- Lot Size: 2-5 Acres
- Sewer: City
- Water: City Water
Description:
469 East Main Street is strategically located in Branford, Connecticut along the highly visible Route 1 corridor with immediate access to two Interstate 95 interchanges, providing direct connectivity to New Haven, the Connecticut shoreline, and the greater New York and Boston metropolitan markets. The property sits within New Haven County, one of the region’s strongest economic hubs, and benefits from close proximity to Yale University and Yale New Haven Hospital, both major employment and traffic generators. Positioned adjacent to the fully developed Branford Business Park, the site is surrounded by established commercial users and light industrial operations, creating consistent daily traffic and strong area synergy. The location offers excellent regional accessibility while maintaining convenient access to the shoreline demographic and surrounding professional communities.
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.
Listing ID: 3ac008ca-82b3-4022-854d-3ed780b0cf28
Location
Gallery
