Freestanding Retail Building with
118 Northampton St Easthampton, MA 01027
118 Northampton St, Easthampton, MA, 01027
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For Sale
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1996-built freestanding retail building with a drive-thru lane on a 1.54-acre parcel.
Property Size8,858 SF
Lot Size1.54 Acres
Days on Market102
Property Features for 118 Northampton St
General Information
- Standard status
- Active
- Size
- 8,858 SF
- Lot size
- 1.54 Acres
- Property subtype
- Retail
Listing agency
Lee & Associates San Diego - Carlsbad
(760) 519-0240
Listed by
Ryan Bennett · License #CA 01826517
Source
Crexi
Added: Apr 12 Updated: Jul 20 at 11:57PM Checked: Jul 20 at 11:57PM
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 Lee & Associates San Diego - Carlsbad
Investment Insights
Based on property information with market context.
Constructed in 1996, this 8,858-square-foot freestanding retail building includes a drive-thru lane and is situated on a 1.54-acre parcel. The property is leased to CVS Pharmacy, which recently executed a 15-year lease extension in early 2019. There are over 11 years remaining on the double-net (NN) lease structure, featuring 4% rental increases every five years during the primary term and 6% increases in each of two 5-year renewal options.
Located along Northampton St/Route 10 in Easthampton, the site benefits from visibility and signage to more than 11,000 cars per day, with quick in-and-out access for drive-thru customers. CVS is within five miles of Interstate 91 (55,400 CPD), which connects travelers along the East Coast toward Vermont and links to Interstate 95 south to New York and Philadelphia. Nearby demand drivers include Valley Medical Group within half a mile, Cooley Dickinson Hospital (140-bed) 4.8 miles away, and Northampton VA Medical Center (145-bed) about 6 miles from the property.
Located along Northampton St/Route 10 in Easthampton, the site benefits from visibility and signage to more than 11,000 cars per day, with quick in-and-out access for drive-thru customers. CVS is within five miles of Interstate 91 (55,400 CPD), which connects travelers along the East Coast toward Vermont and links to Interstate 95 south to New York and Philadelphia. Nearby demand drivers include Valley Medical Group within half a mile, Cooley Dickinson Hospital (140-bed) 4.8 miles away, and Northampton VA Medical Center (145-bed) about 6 miles from the property.
Key Highlights
- 1996‑built freestanding retail building offering 8,858 SF on a 1.54‑acre parcel with a drive‑thru lane
- CVS Pharmacy executed a 15‑year lease extension in early 2019, showing continued commitment to the location
- Double‑net (NN) lease has over 11 years remaining, with 4% rental increases every five years in the primary term
Property Analytics
Location Intelligence
Current Use by Public Records
Drug stores
Similar For Sale Nearby
Similar Off Market Nearby
- CVS — 118 Northampton St, Easthampton, MA 01027
- CVS Pharmacy — 118 Northampton St, Easthampton, MA 01027
- Alexa Dearden — 118 Northampton St, Easthampton, MA 010271045
FAQs
What type of property is this?
Drug store - 1996-built freestanding retail building with a drive-thru lane on a 1.54-acre parcel.
Where is this drug store located?
The property is located at 118 Northampton St Easthampton, MA.
What are key features of this property?
This property features: 1996‑built freestanding retail building offering 8,858 SF on a 1.54‑acre parcel with a drive‑thru lane; CVS Pharmacy executed a 15‑year lease extension in early 2019, showing continued commitment to the location; Double‑net (NN) lease has over 11 years remaining, with 4% rental increases every five years in the primary term
