469 East Main Street, Branford, CT

Retail for Sale - $4,900,000 - 20,888 Sq. Ft. on 3 acres


Agent Info

Nicholas Mastrangelo
Coldwell Banker Realty

Property Info

CIMLS#1185230
Location
  469 East Main Street
  Branford CT 06405
UpdatedDecember 11th, 2025
TypeRetail
Price$4,900,000
Building20,888 Sq. Ft.
Land3 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.


Financials



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