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469 E Main St
Branford, CT 06405

$4,900,000 USD

Freestanding For Sale  •  28,088 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 28,088 SF
  • Lot Size 3.93 AC
  • Building Class B
  • Year Built 2005
  • Cap Rate 7.50 %
  • Tenancy Multiple
  • Zoning IG-2
0 Transit Score
42 Walk Score

Highlights

Fully leased, stablized net-leased investment opportunity
Nationally accredited tenant with 9 years remaining on current term plus renewal options
7.5% cap rate with scheduled annual rental increases, approximate pricing of $174 per SF
28,088 SF free-standing Multi-tenant commercial building
Situated on 3.93-acre site with 185 parking spaces with excellent parking ratio of 6.5 spaces per 1,000 SF
Positioned along high-traffic Route 1 with immediate access to 2 I-95 interchanges, strategically located in New Haven County between NY City & Boston

Property Flyers

Cap Rate: 7.50 %

Amenities

  • Signage
  • Monument Signage

Public Transportation

Commuter RailDriveWalkDistance
Branford (Shore Line East - Shore Line East) 8 min - 3.4 mi
12 min - 6.6 mi
AirportDriveWalkDistance
Tweed/New Haven 13 min - 7.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 185
Type: Surface
Included in Rent: Yes
Nicholas Mastrangelo 203-641-2100 Coldwell Banker Commercial NRT
Nicholas Mastrangelo 203-641-2100 Coldwell Banker Commercial NRT