1655 Boston Rd - Retail FOR SALE


Springfield, MA 01129- Boston Road
$4,447,000 USD
617-239-3610
1655 Boston Rd, Springfield, MA for Sale
$4,447,000 USD
Retail - FOR SALE
1/7
null | 4.25% Cap Rate

1655 Boston Rd
Springfield, MA 01129
Boston Road


HIGHLIGHTS

  • Corporate-guaranteed 15-year lease with Chick-fil-A, one of the most sought-after QSR chains with over 3,400 units and $24B in sales
  • Absolute NNN ground lease eliminates all landlord obligations including maintenance, insurance, and capital expenditures
  • Eight five-year renewal options extending potential income stream through 2080 with 10% rent escalations every five years
  • Exceptionally rare corporate Chick-fil-A ground lease offering in Massachusetts with limited competition and strong buyer demand
  • Brand new 2025 construction minimizes exposure to near-term capital expenses
  • Strategic location along Boston Road generating 17,200 vehicles per day in Springfield's established retail corridor

OVERVIEW

Rare corporate-guaranteed Chick-fil-A ground lease in Massachusetts with 15-year term, 8 five-year renewal options extending through 2080, and 10% rent escalations every 5 years. New 2025 construction on 1.75 acres along Boston Road with 17,200 VPD. Absolute NNN structure eliminates all landlord responsibilities. Part of Springfield Crossing, the largest new construction shopping center in New England since 2008.

FOR SALE DETAILS

PRICE

$4,447,000 USD

PRICE/SF

$848 USD /SF

CAP RATE

4.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-Fil-A

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.75 AC

LAND SF

76,230 SF

ZONING

SB1R2

APN/PARCEL ID

SPRI-001655-000000-000405

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.