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469 E Main St
Branford, CT 06405
Retail Property For Sale

Investment Highlights

  • Offered for sale as a stabilized multi-tenant investment property anchored by Planet Fitness
  • 7.50% cap rate with scheduled annual rental increases
  • Three ground-level retail suites
  • Anchor tenant has approximately 8 years remaining on current term plus renewal options
  • Two-story anchor space with elevator access
  • Independent HVAC systems and dedicated utilities throughout

Executive Summary

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.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
28,088 SF
Building Class
B
Year Built
2005
Price
$6,433,508 CAD
Price Per SF
$229.05 CAD
Cap Rate
7.50%
NOI
$482,513 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.16
Lot Size
3.93 AC
Zoning
IG-2 - IG-2
Parking
185 Spaces (6.59 Spaces per 1,000 SF Leased)
Frontage
435’ on E Main st

Amenities

  • Signage
  • Monument Signage

Property Taxes

Property Taxes

Parcel Number
BRAN-000005H-000001-000001
Land Assessment
$1,136,033 CAD
Improvements Assessment
$3,702,380 CAD
Total Assessment
$4,838,413 CAD
  • Listing ID: 40711967

  • Date on Market: 2026-05-29

  • Last Updated:

  • Address: 469 E Main St, Branford, CT 06405

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