2594 Main St - Storefront FOR SALE


Springfield, MA 01107- Memorial Square
$1,976,495 USD
214-347-7988
2594 Main St, Springfield, MA for Sale
$1,976,495 USD
Storefront - FOR SALE
1/3
null | 8.45% Cap Rate

2594 Main St
Springfield, MA 01107
Memorial Square


HIGHLIGHTS

  • 2018 build-to-suit construction for Family Dollar
  • Absolute NNN lease with zero landlord responsibilities
  • 10% rental increase in October, 2028, and in all six option periods
  • Corporately guaranteed lease from Family Dollar Corporation
  • Located on Main St and ±1 Mile from Downtown Springfield, MA
  • ±5-mile population in excess of 227,108 residents

OVERVIEW

Kyle Matthews License # 1000083-RE-RB (MA) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,976,495 USD

PRICE/SF

$216 USD /SF

CAP RATE

8.45%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

-

APN/PARCEL ID

SPRI-008130-000000-000247

ASK ABOUT THIS PROPERTY

Wyatt WagnerMatthews Real Estate Investment ServicesMore Info
214-347-7988

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Wyatt WagnerMatthews Real Estate Investment ServicesMore Info
214-347-7988

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