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Retail Space in Springfield, MA
For Lease
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16 Court St, Springfield, MA

5,000 sq ft retail space available for lease.

Space Size5,000 SF - 10,000 SF
Lot Size0.62 Acres
Days on Market444

Property Features for 16 Court St

General Information

Standard status Active
Size 5,000 SF - 10,000 SF
Lot size 0.62 Acres
Property subtype RETAIL

Spaces For Lease

at 16 Court St Contact us

16 Court St $10 – $12/SF/Yr

Size
10,000 SF
Type
RETAIL
Availability
AVAILABLE, Completion
Sublease
No
Contact us

16 Court St $12 – $14/SF/Yr

Size
5,000 SF
Type
RETAIL
Availability
AVAILABLE, Completion
Sublease
No
Contact us
Listing Agency: Opal Real Estate Group
Listed By: Frank Fitzgerald · License #9060615
Source: Moodyscre
Added: Jun 30, 2025 Changed: Sep 2 Last Checked: Sep 15 at 8:49AM

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 Opal Real Estate Group

Investment Insights

Based on property information with market context.

This retail space, located at 16 Court St in Springfield, MA, offers 5,000 square feet of space suitable for retail purposes. The property is available for rent.

Key Highlights

  • 5,000 sq ft retail space available
  • Available for lease

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Garden Center Auto Parts Store Big Box & Wholesale Store Furniture & Home Goods Storage Facility

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

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,758
Businesses Nearby
93k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 60% Leisure 24% Shops & Services 13% Hotels & Casinos 4%
Regal MGM Springfield Leisure
22,010 visits/mo 0.2 miles
Starbucks Dining
18,583 visits/mo 0.4 miles
Burger King Dining
16,461 visits/mo 0.2 miles
Dunkin' Donuts Dining
11,451 visits/mo 0.4 miles
Wahlburgers Dining
9,084 visits/mo 0.2 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Springfield, MA

$15.4 /SF/Yr
Avg Asking Price
$11.66–$21 /SF/Yr
Price Range
18,757 SF
Avg Space Size

This space is priced 22% below the average of $15.4 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Retail space - 5,000 sq ft retail space available for lease.
Where is this retail space located?
The property is located at 16 Court St Springfield, MA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 5,000 sq ft retail space available; Available for lease
(413) 726-9836 Call to check price and availability
More about this property
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