VCA Animal Hospital Investment
108 Shaker Road East Longmeadow, MA 01028
108 Shaker Road, East Longmeadow, MA, 01028
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For Sale
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Single-tenant retail property with a long-term lease in place.
Property Size4,557 SF
Lot Size0.42 Acres
Price / SF$388.88
Days on Market53
Property Features for 108 Shaker Road
General Information
- Standard status
- Active
- Size
- 4,557 SF
- Lot size
- 0.42 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1968
Listing Agency
Horvath & Tremblay
Listed by
Aaron Huntley · License #9525062-RE-S
Source
Crexi
Added: May 26 Checked: Jul 17 at 1:14 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay
Investment Insights
Based on property information with market context.
The property features a single-tenant building of 4,557 square feet on a 0.42-acre parcel. The tenant, VCA Animal Hospital, has been operating at this location since 2006 and recently exercised a five-year renewal option, indicating a commitment to the site. The lease has over 5 years of term remaining with one 5-year renewal option. The lease includes 2% annual rent increases throughout the primary lease term and renewal options. The property is located along Shaker Road, a commercial and commuter corridor serving East Longmeadow and surrounding communities. It is near the town's rotary-style center and primary retail cluster, benefiting from proximity to grocers, national and local retailers, restaurants, and a nearby industrial district. The location is surrounded by established residential neighborhoods and area schools, supporting a customer base. The property offers access to MA Routes 83 and 186, US Route 5, and Interstate 91, providing connectivity to Springfield, Holyoke, Northampton, and the greater Hartford market. The property is suitable for commercial real estate and retail purposes.
Key Highlights
- Long‑term tenant (VCA Animal Hospital) with a proven operating history since 2006.
- Recently exercised a five‑year renewal option, demonstrating commitment.
- Over 5 years of lease term remaining with one (1), 5‑year renewal option available.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $109.4k | $24.00 |
| − Vacancy | −$2.4k | −$0.53 |
| EGI | $107.0k | $23.47 |
| − OpEx | −$32.1k | −$7.04 |
| NOI | $74.9k | $16.43 |
4,557 SF · lease $24.00/SF/yr · vacancy 2.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.07M
$935.9K – $1.25M
NOI $74,873 @ 7.0% cap · market cap 4.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.81M
$2.46M – $3.28M
NOI $196,600 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
VCA Shaker Road ...
Veterinary Clinic
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Single-tenant retail property with a long-term lease in place.
Where is this retail space located?
The property is located at 108 Shaker Road East Longmeadow, MA.
What is the asking price?
The asking price for this property is $1,772,147.
What are key features of this property?
This property features: Long‑term tenant (VCA Animal Hospital) with a proven operating history since 2006.; Recently exercised a five‑year renewal option, demonstrating commitment.; Over 5 years of lease term remaining with one (1), 5‑year renewal option available.
