469 East Main Street, Branford, CT 06405
469 East Main Street, Branford, CT 06405
469 East Main Street, Branford, CT 06405
469 East Main Street, Branford, CT 06405
469 East Main Street, Branford, CT 06405
469 East Main Street, Branford, CT 06405
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Dominick DiFilippo

Dominick DiFilippo

+1(914) 481-2223
$ 4,900,000
Est. payment | /mo

28,088 SqFt

Save
$ 4,900,000
Est. payment | /mo
Save

28,088 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 28,088 sqft

Price per Sqft $174

MLS Listing ID 24140292

Year Built 2005

Annual Tax Amount $74,838

Lot Size 3.930 Acres

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.

Location

State CT

County New Haven

Zoning IG-2

Interior

Interior Features Elevator

Heating Hot Air

Cooling Central Air

Flooring Concrete

Exterior

Exterior Feature Sidewalk, Lighting, Pole Sign, Door Sign

Parking Features Paved, Parking Lot

Utilities Available Electric, Gas, Fire Suppression System

Roof Type Rubber,Tar/Gravel

Building

Lot Description Level Lot

Story 2

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Listed by Nick Mastrangelo • Coldwell Banker Realty

Nearby Locations

Dominick DiFilippo

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(914) 481-2223

hello@empireteam.com

625 US-6, Mahopac, NY, 10541-4794, USA

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469 East Main Street