Open-Air Regional Power
For Sale
Contact for pricing
1655 Boston Rd, Springfield, MA 01129
Newly constructed open-air regional power center leased to BJ's Wholesale Club and Hobby Lobby, 99% leased or committed.
Property Size232,006 SF
Days on Market136
Property Features for 1655 Boston Rd
General Information
Standard status
Active
Size
232,006 SF
Class
A
Property subtype
Retail
Zoning
BUS-A (Business A)
Occupancy
99%
Lease Type
NNN
Investment Type
Institutional
Building Details
Year Built
2025
Buildings
7
Units
16
Tenancy
Multi
Listing Agency:
Atlantic Capital Partners
Listed By:
Chris Peterson · License #9533428
Source:
Crexi
Added: Apr 22
Changed: Aug 8
Last Checked: Jul 30 at 10:42AM
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 Capital Partners
Investment Insights
Based on property information with market context.
Springfield Crossing is a newly constructed, 232,006-square-foot regional power center developed as an open-air shopping destination. The property is leased to BJ’s Wholesale Club and Hobby Lobby, with additional co-tenancy including PetSmart, La-Z-Boy, Chick-fil-A, Chipotle, Chase Bank, Skechers, and Carter’s. Springfield Crossing is 99% leased or committed across 228,756 square feet, positioning the asset for near-stabilized operations at the outset of its operating history.
The property is located at 1655 Boston Road in Springfield, Massachusetts.
Springfield Crossing is marketed as an NNN property, and the offering is described as consisting of long-term leases across the tenant roster.
The property is located at 1655 Boston Road in Springfield, Massachusetts.
Springfield Crossing is marketed as an NNN property, and the offering is described as consisting of long-term leases across the tenant roster.
Key Highlights
- Newly constructed 232,006 SF open‑air regional power center at 1655 Boston Road in Springfield, MA
- Leased to BJ's Wholesale Club and Hobby Lobby as anchors
- 99% leased or committed across 228,756 SF, providing near‑stabilized occupancy at launch
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
180k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 32%
Home Improvements & Furnishings 23%
Dining 19%
Groceries 18%
Lowe's
Home Improvements & Furnishings
32,945 visits/mo
0.4 miles
Stop & Shop
Groceries
31,652 visits/mo
0.4 miles
Ocean State Job Lot
Shops & Services
23,435 visits/mo
0.3 miles
McDonald's
Dining
20,417 visits/mo
0.3 miles
Staples
Office Supplies
13,249 visits/mo
0.3 miles
Demographics for 01129, MA
7,024
Population
2,699
Households
2.6
Avg Household Size
43
Median Age
31%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
2,066
Density / Sq Mi
$92,500
Median Household Income
$49,316
Median Earnings
$1,325
Median Rent
$239,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Shopping center - Newly constructed open-air regional power center leased to BJ's Wholesale Club and Hobby Lobby, 99% leased or committed.
Where is this shopping center located?
The property is located at 1655 Boston Rd Springfield, MA.
What are key features of this property?
This property features: Newly constructed 232,006 SF open‑air regional power center at 1655 Boston Road in Springfield, MA; Leased to BJ's Wholesale Club and Hobby Lobby as anchors; 99% leased or committed across 228,756 SF, providing near‑stabilized occupancy at launch
