Properties

Property 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.

Features
Heating System:
Hot Air
Cooling System:
Central Air
Foundation Type:
Concrete
Heat Fuel Type:
Natural Gas
Exterior Features:
Lighting, Sidewalk, Pole Sign, Door Sign
Flooring:
Concrete
Handicap Features:
Accessible Bath
Interior Features:
Elevator
Fireplaces Total:
0
Parking Total Spaces:
185
Location:
Retail Corridor
Lot Description:
Level Lot
Water Source:
Public Water Connected
Address Map
Street:
Main
Street Number:
469
Floor Number:
0
Longitude:
W73° 9′ 9.7”
Latitude:
N41° 16′ 45.3”
Street Dir Prefix:
East
MLS Addon
Office Name:
Coldwell Banker Realty
Agent Name:
Nick Mastrangelo
List Agent MLSID:
MASTRANI
List Office MLSID:
CBRB34
Tax Year:
July 2025-June 2026
Directions:
Route 1, 469 East Main Street Branford
HOA Fee Amount:
$0
Parcel Number:
1069981
Property Tax:
$74,838
Zoning:
IG-2

Commercial For Sale

469 Main, Branford, 06405

0 Bedrooms
0 Bathrooms
28,088 Sqft
$4,900,000
Listing ID #24140292
Basic Details
Property Type :
Commercial For Sale
Listing Type :
For Sale
Listing ID :
24140292
Price :
$4,900,000
Bedrooms :
0
Baths Total :
0
Bathrooms :
0
Half Bathrooms :
0
Square Footage :
28,088 Sqft
Year Built :
2005
Lot Area :
3.93 Acre
City:
Branford
Zipcode:
06405
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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