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Retail Investment Property
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753 Memorial Dr, Chicopee, MA 01020

Retail property offered for sale with stated 3,720 SF and a 4.75% cap rate.

Property Size3,720 SF
Days on Market132

Property Features for 753 Memorial Dr

General Information

Standard status Active
Size 3,720 SF
Property subtype Retail

Additional Details

Cap Rate 4.75%
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 8:06AM

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 SURMOUNT

Investment Insights

Based on property information with market context.

This retail property is offered for sale with a stated 3,720 SF size and a reported 4.75% cap rate.

The asset is located at 753 Memorial Dr in Chicopee, MA 01020.

No additional building, tenant, or configuration details were provided in the listing information.

Key Highlights

  • Retail property offered for sale
  • 3,720 SF
  • Stated 4.75% cap rate

Property Analytics

Current Use

Popeyes Louisiana Kitchen Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center Parking Lot & Garage HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

601
Businesses Nearby
810k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 32% Superstores 29% Shops & Services 16% Groceries 12%
Walmart Superstores
151,391 visits/mo 0.4 miles
BJ's Wholesale Club Superstores
85,928 visits/mo 0.2 miles
Chick-fil-A Dining
76,489 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
42,339 visits/mo 0.1 miles
Big Y World Class Market Groceries
40,499 visits/mo 0.3 miles

Demographics for 01020, MA

29,781
Population
14,154
Households
2.1
Avg Household Size
44
Median Age
23%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
2,382
Density / Sq Mi
$70,971
Median Household Income
$45,378
Median Earnings
$1,153
Median Rent
$259,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property offered for sale with stated 3,720 SF and a 4.75% cap rate.
Where is this retail space located?
The property is located at 753 Memorial Dr Chicopee, MA.
What are key features of this property?
This property features: Retail property offered for sale; 3,720 SF; Stated 4.75% cap rate
(332) 345-4222 Call to check price and availability
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