Mattress Firm in Springfield, MASS

Address: 1244 Boston Rd, Springfield, MA 01119

Property Highlights

Property Type: Retail
Subtype: Storefront
Investment Type: Net Lease
Class: A
Lease Type: Absolute NNN
Tenancy: Single
Lease Expiration: 11/29/2027
Remaining Term: 4.9 years
Square Footage: 4,800
Net Rentable (sq ft): 4,800
Price/Sq Ft: $296.88
Occupancy: 100%
Units: 1
Buildings: 1
Stories: 1
APN: 016550232

Property Description

For sale Mattress Firm. Long term profitable location. Tenant has been in the building for 20 years and has 6 years remaining on a 10 year lease. New roof on the entire building just installed. Great street frontage and visibility on a heavily traveled regional retail corridor. Cap Rate 6%.

Price GLA Available Spaces Zone / Allowed Uses
$1,425,000 4,800 SF 100% Retail-Commercial