617-239-3610
1655 Boston Rd, Springfield, MA for Sale
Storefront - FOR SALE
1/8
null | Request Cap Rate

1655 Boston Rd
Springfield, MA 01129
Boston Road


HIGHLIGHTS

  • 232,006 SF Regional Open-Air Shopping Center
  • New, Long-Term Leases With a 15.8-Year WALT Remaining
  • 99% Leased to 16 Traffic Generating Brands
  • Largest Open-Air Shopping Center Between Worcester, MA and Albany, NY
  • Located in Springfield's Dominant Retail Node - Boston Road

OVERVIEW

Atlantic Capital Partners has been exclusively retained to market for sale Spring?eld Crossing, a newly constructed, 232,006 square foot regional power center located at 1655 Boston Road in Spring?eld, Massachusetts. Situated at the epicenter of Western Massachusetts’s primary retail corridor, Spring?eld Crossing represents one of New England’s most signi?cant retail redevelopment stories with the transformation of the former En?eld Mall into a modern, open-air shopping destination anchored by two of retail’s most durable and tra?c-generating brands. Leased to BJ’s Wholesale Club and Hobby Lobby, the property is co-tenanted by a best-in-class roster of national retailers including PetSmart, La-Z-Boy, Chick-?l-A, Chipotle, Chase Bank, Skechers, and Carter’s. Spring?eld Crossing is 99% leased or committed across 228,756 square feet — delivering a near-stabilized asset to market at the outset of its operating history. As the only open-air power center of its scale between Worcester and Albany, Spring?eld Crossing resides at an uncontested position in Western Massachusetts’s primary retail market and presents a unique opportunity to acquire a newly built, institutional-quality asset with long-term NNN leases, a recession-resistant tenant roster, and meaningful barriers to new competition. Spring?eld Crossing is being o?ered without a formal asking price with a Call For O?ers to be scheduled.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Springfield Crossing

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Supermarket, Department Store, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

28.5 AC

LAND SF

1,241,460 SF

ZONING

BUS-A

APN/PARCEL ID

SPRI-001655-000000-000405,SPRI-001655-000000-000425

ASK ABOUT THIS PROPERTY

Justin SmithAtlantic Capital PartnersMore Info
617-239-3610

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Justin SmithAtlantic Capital PartnersMore Info
617-239-3610

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.