Chick-fil-A NNN
For Sale
Contact for pricing
1655 Boston Road, Springfield, MA 01129
Single-tenant ground lease asset on Boston Road with long-term renewal options and scheduled rent escalations.
Property Size5,244 SF
Lot Size1.75 Acres
Price / SF$848.02
Days on Market10
Property Features for 1655 Boston Road
General Information
Standard status
Active
Size
5,244 SF
Class
A
Lot size
1.75 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute NNN
Investment Type
Net Lease
Net Operating Income
$189,000
Site & Location
Traffic Count
17,200 vehicles/day
Road Access
Yes
Additional Details
Cap Rate
4.25%
Building Details
Year Built
2025
Buildings
1
Tenancy
Single
Listing Agency:
Atlantic Retail Boston
Listed By:
Matt Ericson · License #9571461
Source:
Crexi
Added: Jul 28
Changed: Aug 3
Last Checked: Aug 5 at 2:43PM
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.
Built in 2025, this 5,244-square-foot Chick-fil-A property occupies 1.75 acres at 1655 Boston Road in Springfield, Massachusetts. The asset is leased under an absolute NNN ground lease, with the tenant responsible for maintenance, insurance, and capital expenditures. Contractual rent increases occur every five years, while eight additional five-year renewal options extend the potential lease term through 2080.
The property fronts Boston Road, an east-west commercial corridor with approximately 17,200 vehicles per day, and sits within Springfield’s established retail corridor in the Pioneer Valley. Its single-tenant configuration and long-duration lease structure provide a straightforward ownership profile for investors seeking a net lease asset.
The property fronts Boston Road, an east-west commercial corridor with approximately 17,200 vehicles per day, and sits within Springfield’s established retail corridor in the Pioneer Valley. Its single-tenant configuration and long-duration lease structure provide a straightforward ownership profile for investors seeking a net lease asset.
Key Highlights
- Chick‑fil‑A occupies the 5,244‑square‑foot property
- Absolute NNN ground lease transfers maintenance, insurance, and capital expenditures to the tenant
- Eight five‑year renewal options extend potential income through 2080
Property Analytics
Current Use
Lease Details
17,200 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
458
Businesses Nearby
286k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Groceries 20%
Apparel 16%
Shops & Services 14%
Marshalls
Apparel
46,021 visits/mo
0.1 miles
Lowe's
Home Improvements & Furnishings
32,945 visits/mo
0.4 miles
Stop & Shop
Groceries
31,652 visits/mo
0.5 miles
Aldi
Groceries
24,147 visits/mo
0.2 miles
Dollar Tree
Shops & Services
22,838 visits/mo
0.1 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant ground lease asset on Boston Road with long-term renewal options and scheduled rent escalations.
Where is this nnn property located?
The property is located at 1655 Boston Road Springfield, MA.
What is the asking price?
The asking price for this property is $4,447,000.
What are key features of this property?
This property features: Chick‑fil‑A occupies the 5,244‑square‑foot property; Absolute NNN ground lease transfers maintenance, insurance, and capital expenditures to the tenant; Eight five‑year renewal options extend potential income through 2080
