Newly Built Strip
For Sale
Contact for pricing
12-44 Holyoke St, Holyoke, MA 01040
Retail center combines multiple leased storefronts with a separate ground-leased restaurant outparcel.
Property SizeContact for details
Lot Size1.96 Acres
Days on Market143
Property Features for 12-44 Holyoke St
General Information
Standard status
Active
Lot size
1.96 Acres
Property subtype
Retail
Financials
Asking Price
$7,200,000
Cap Rate
6.85%
Additional Details
Highway Access
Yes
Amenities
12 Tesla supercharger spaces
Building Details
Year Built
2022
Buildings
2
Tenancy
Multi
Listing Agency:
Atlantic Retail Boston
Listed By:
Danny Griffin · License #9571654
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 2:09PM
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 Atlantic Retail Boston
Investment Insights
Based on property information with market context.
Completed in 2022, Holyoke Landing includes a 6,660-square-foot, three-tenant retail center occupied by Starbucks, Sleep Number, and Milan Laser under new, long-term leases. A separate 2,350-square-foot Popeyes building adds a freestanding restaurant component through a 15-year NNN ground lease. The property also includes 12 Tesla supercharger spaces covered by a new 10-year lease with 3% annual increases.
The 1.96-acre property is positioned at the entrance to Holyoke Mall, identified as the second largest mall in New England, with nearly 10 million annual visitors and highway access. The offering includes both the multi-tenant retail improvements and the freestanding leased outparcel at 12-44 Holyoke St.
The 1.96-acre property is positioned at the entrance to Holyoke Mall, identified as the second largest mall in New England, with nearly 10 million annual visitors and highway access. The offering includes both the multi-tenant retail improvements and the freestanding leased outparcel at 12-44 Holyoke St.
Key Highlights
- 6,660 SF three‑tenant strip center built in 2022
- Leased to Starbucks, Sleep Number, and Milan Laser on new, long‑term leases
- 2,350 SF freestanding Popeyes on a 15‑year NNN ground lease
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
828
Businesses Nearby
393k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 40%
Electronics 21%
Shops & Services 21%
Dining 17%
Macy's
Apparel
90,640 visits/mo
0.2 miles
Best Buy
Electronics
83,658 visits/mo
0.1 miles
T.J. Maxx
Apparel
51,486 visits/mo
0.3 miles
Barnes & Noble
Shops & Services
38,089 visits/mo
0.4 miles
Shell
Shops & Services
29,013 visits/mo
0.5 miles
Demographics for 01040, MA
38,238
Population
17,057
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
79%
High-School Grad
21.2 sq mi
ZIP Area
1,804
Density / Sq Mi
$51,892
Median Household Income
$41,801
Median Earnings
$1,016
Median Rent
$255,300
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?
Strip mall - Retail center combines multiple leased storefronts with a separate ground-leased restaurant outparcel.
Where is this strip mall located?
The property is located at 12-44 Holyoke St Holyoke, MA.
What are key features of this property?
This property features: 6,660 SF three‑tenant strip center built in 2022; Leased to Starbucks, Sleep Number, and Milan Laser on new, long‑term leases; 2,350 SF freestanding Popeyes on a 15‑year NNN ground lease
