1244 Boston Rd
Springfield, MA 01119
The Mattress Firm · Retail Property For Sale
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EXECUTIVE SUMMARY
Single Tenant Retail location in Springfield, MA. Mattress Store has been successfully operating at this location for over 20 years. Currently open and paying rent. 5 years left on the term. Brand new roof on the entire building just installed. Cap Rate: 6%
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,656 SF
Building Class
B
Year Built
1980
Price
$1,425,000
Price Per SF
$306
Cap Rate
6%
NOI
$85,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.03 AC
Zoning
S
Parking
15 Spaces (3.22 Spaces per 1,000 SF Leased)
Frontage
100 FT on Boston Rd
AMENITIES
- Pylon Sign
PROPERTY TAXES
Parcel Number | SPRI-001655-000000-000232 | Improvements Assessment | $354,400 |
Land Assessment | $299,200 | Total Assessment | $653,600 |