1048 Riverdale St | West Springfield, MA 01089
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- LoopNet Team
1048 Riverdale St
West Springfield, MA 01089
Pizza Hut · Retail Property For Sale
Investment Highlights
- Long-Term lease featuring 16+ years remaining
- 10% Increases every 5 years in Primary and Option Periods (next increase 2028)
- Positioned along major north/south artery, Riverdale Street, off Interstate 91 (87,000+ VPD)
- Absolute Triple-Net (NNN) Lease - Zero Landlord Responsibilities
- Strong above average and upward trending reported sales creating a healthy rent to sales ratio
- Robust daytime employment with over 47,000 (2 miles) and 84,000 (3 miles) daytime employees
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,380 SF
Building Class
C
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.37 AC
Zoning
RB
Frontage
164 FT on Myron Street
PROPERTY TAXES
| Parcel Number | WSPR-000226-007550-000077A | Improvements Assessment | $692,600 |
| Land Assessment | $336,500 | Total Assessment | $1,029,100 |
PROPERTY TAXES
Parcel Number
WSPR-000226-007550-000077A
Land Assessment
$336,500
Improvements Assessment
$692,600
Total Assessment
$1,029,100
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