Branford, CT
- Walgreens lease runs through October 31, 2032, with no landlord responsibilities.
- In a 1 and 3-mile radius average household incomes are approximately $100,000 per household.
- Located near I-95 Exit 53 and Shore Line East commuter rail station.
- Coastal zoning and built-out conditions restrict new commercial development.
- West Main Street maintains historically low vacancy and strong tenant retention.
- Close to major employment centers including Yale University and Yale-New Haven Hospital.
We are offering for sale the Walgreens property located at 1036 W Main Street, Branford, CT 06405 (the “Property”). The lease is structured as an absolute triple-net (NNN) with no landlord responsibilities, and Walgreens occupies the site through October 31, 2032.
The Property is located along U.S. Route 1 (West Main Street), a key commercial corridor with traffic counts exceeding 22,000 vehicles per day. It has direct access to Interstate 95 and sits approximately eight miles from Downtown New Haven. Branford is part of the Greater New Haven region, with established residential areas, commercial corridors, and shoreline zones. Residents commute via I-95 and the Shore Line East rail line to employment centers across the Connecticut coast.
The market benefits from proximity to Yale University (13,500 students, 4,800 faculty, and 10,000 staff) and Yale-New Haven Hospital, one of the state’s largest healthcare systems.