For Sale
$1,290,000

265 Main St Branford, CT 06405

High-traffic location, excellent cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a two-story, 7,914 square foot executive office building located at 265 E Main St, Branford, CT 06405. The property boasts a desirable BR zoning and is situated on a high-traffic road with excellent visibility on Route 1, ensuring strong tenant appeal. Currently fully occupied with a tenant holding a lease with 2.5 years remaining and a 5-year option, this building offers immediate cash flow. The building features approximately 26 parking spaces. Significant recent upgrades include six updated bathrooms, numerous private offices, a meeting room, new siding, stone walls, roof, windows, electrical systems, and a generator, ensuring a prestigious and well-maintained property. The building offers approximately 2,500 square feet of office space on the second floor, with potential for owner-occupancy with tenant permission. The asking price is $1,290,000, representing a compelling 7.80% cap rate. This is a rare opportunity to acquire a high-quality commercial property in a prime Branford location with strong potential for long-term returns.

Highlights

  • $1,290,000 asking price for this executive office building.
  • 7,914 square feet of office and retail space in a two-story building.
  • 7.80% cap rate.
  • Located at 265 E Main St, Branford, CT 06405, in a high-traffic area with excellent visibility on Route 1.
  • Features 26 parking spaces and is situated in a desirable BR zoning district.
  • Fully occupied with a long-term tenant (2.5-year lease remaining with a 5-year option).

Property Details for 265 Main St

Property type
Retail properties, Office properties
Square Feet
7,914 SF
Buildings
1
Stories
2

Location Insight

City
Branford
County
New Haven
State
Connecticut
Latitude
41.2917757
Longitude
-72.7940592

FAQs

What type of property is this?
Retail property - High-traffic location, excellent cap rate.
Where is the retail property located?
The property is located at 265 Main St Branford, CT.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: $1,290,000 asking price for this executive office building.; 7,914 square feet of office and retail space in a two-story building.; 7.80% cap rate.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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265 Main St
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