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1244 Boston Rd
Springfield, MA 01119

The Mattress Firm · Retail Property For Sale

Retail Buildings Massachusetts Springfield 1244 Boston Rd, Springfield, MA 01119

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

PROPERTY TAXES

Parcel Number
SPRI-001655-000000-000232
Land Assessment
$299,200
Improvements Assessment
$354,400
Total Assessment
$653,600
 

  • Listing ID: 20216432

  • Date on Market: 7/9/2020

  • Last Updated:

  • Address: 1244 Boston Rd, Springfield, MA 01119

More public record information on 1244 Boston Rd, Springfield, MA 01119

The Retail Property at 1244 Boston Rd, Springfield, MA 01119 is currently available for sale. Contact Real Estate Advisory Group for more information.

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