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189 - 191 Russell Street - Sears Hometown Store, Hadley, MA

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189 - 191 Russell Street - Sears Hometown Store

Hadley, MA 01035-9521 - Hampshire County Submarket

Property Type:Retail Sub Type:- Status:Existing Year Built:2006
Building Size:13,700 SF Land Area:1.84 AC (80,150 SF)
For Sale Price:$1,790,000 Price/SF:$130.66
Cap Rate:7.47 %

Sale Notes:
The 11,600 S.F. retail building. which is less than 7 years old, has Sears Hometown Store, Burning Heart Yoga and Hadley Cleaners as tenants. The building is fully leased.
The building also has newer natural gas high efficiency HVAC systems and is fully wired with a three phase electrical service.
A single family house is also located on the 1.84 acre site and is zoned commercial.
Parcels and buildings this size rarely are available for sale on Route 9.

Property is located on Route 9 in Hadley, the premier shopping destination of Hampden County.
Route 9 sees more than 30,000 cars a day coming from all over western Massachusetts to take advantage of shopping with stores like: Home Depot, Lowes, Target, Walmart, JC Pennys, Barnes & Noble, Whole Foods, Trader Joe's, Eastern Mountain Sports and so many more.
Consumers also come here for dinning with restaurants such as: Texas Road House, Alina's, Mi Tierra, Esselon Cafe, Applebees, Chillis, Penera Bread and many more.
Consumers also come here for entertainment with the Autobahn raceway, Cinemark movie theater and interskate 91.
With a median income of $70,000, this area serves some of western Massachusetts wealthiest markets - Amherst, Hadley and Northampton. Surrounded by the five college market including Amherst, UMass Amherst, Hampshire College, Mount Holyoke College and Smith College.

Macmillan Group
Mark Healy
(413) 240-2358

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