Single-Tenant Retail
For Sale
Contact for pricing
Pending
1244 Boston Rd, Springfield, MA 01119
Single-tenant Mattress Firm retail property with long-term occupancy and a newly installed roof.
Property SizeContact for details
Days on Market125
Property Features for 1244 Boston Rd
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Real Estate Advisory Group LLC
Listed By:
Daniel Rosow · License #CT REB.0750170
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 12 at 9:58AM
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 Real Estate Advisory Group LLC
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.
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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
345k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 31%
Dining 28%
Apparel 15%
Shops & Services 15%
Walmart
Superstores
105,257 visits/mo
0.5 miles
Marshalls
Apparel
46,021 visits/mo
0.2 miles
Aldi
Groceries
24,147 visits/mo
0.0 miles
Dollar Tree
Shops & Services
22,838 visits/mo
0.2 miles
Golden Corral
Dining
15,785 visits/mo
0.3 miles
Demographics for 01119, MA
14,393
Population
5,517
Households
2.6
Avg Household Size
35
Median Age
20%
College-Educated
88%
High-School Grad
3.5 sq mi
ZIP Area
4,112
Density / Sq Mi
$59,172
Median Household Income
$45,179
Median Earnings
$1,181
Median Rent
$222,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
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
