1244 Boston Rd Springfield, MA 01119

Listing agency Real Estate Advisory Group LLC

Listed by Daniel Rosow · License #CT REB.0750170

Source Crexi

Added: Apr 11 Updated: Jul 22 at 4:13AM Checked: Jul 22 at 4:13AM

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Investment Insights

Based on property information with market context.

This for-sale single-tenant retail property is occupied by Mattress Firm, with the tenant in place for over 23 years. The current lease provides 4 years remaining on a 10-year term.

The building has a newly installed roof covering the entire structure. The property is positioned for strong street frontage and visibility along a heavily traveled regional retail corridor.

Available as a single-tenant investment, the offering is underwritten at a 6% cap rate, based on the information provided.

Key Highlights

• Single‑tenant Mattress Firm retail property on a heavily traveled regional retail corridor
• Tenant occupancy over 23 years with 4 years remaining on a 10‑year lease
• New roof installed on the entire building

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FAQs

What type of property is this?

Retail space - Single-tenant Mattress Firm retail property with long-term occupancy and a newly installed roof.

Where is this retail space located?

The property is located at 1244 Boston Rd Springfield, MA.

What are key features of this property?

This property features: Single‑tenant Mattress Firm retail property on a heavily traveled regional retail corridor; Tenant occupancy over 23 years with 4 years remaining on a 10‑year lease; New roof installed on the entire building