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Industrial Space Available For Lease
For Lease
$6.95 SF/Yr

22 Progress Avenue, Westfield, MA 01085

50,000 SF industrial space for lease in Westfield.

Space SizeContact for details
Lot Size10.51 Acres
Days on Market149

Property Features for 22 Progress Avenue

General Information

Standard status Active
Lot size 10.51 Acres
Property subtype Industrial
Listing Agency:
Listed By: John Reed
Source: Cbre
Added: Mar 25 Changed: Aug 19 Last Checked: Aug 19 at 5:38AM

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 John Reed

Investment Insights

Based on property information with market context.

This industrial property offers approximately 50,000 square feet of available space within a larger 100,000 square foot building. The industrial portion comprises about 98,000 square feet, complemented by 2,000 square feet of office space. Constructed in 2001 with pre-engineered steel, the building features a standing seam metal roof and 6-inch floors. The property includes 21 loading docks with levelers, of which 11 are currently available, including ten 9' x 10' docks and one exterior dock. A single drive-in door is also present. The ceiling height ranges from 30 to 33 feet. Parking is available for approximately 40 cars, along with trailer storage. The site spans 10.51 acres and is zoned General Industrial A. The building is equipped with a wet, ESFR sprinkler system and LED motion sensor lighting. Heating is provided by gas-fired FHA Johnson Rotation units, while the offices are air-conditioned. Water and sewer services are provided by the City of Westfield via a 12-inch main. Electric and gas services are supplied by Westfield Gas & Electric. The property has 800 Amps, 600 Volts, 3 Phase power. Located in Westfield, MA, this property is suitable for various industrial and commercial uses.

Key Highlights

  • ±50,000 SF Available in a ±100,000 SF Building
  • 10.51 Acre Site with Ample Parking (±40 cars & trailer storage)
  • 21 Loading Docks (11 Available) with Levelers**

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency HVAC Service Hair Salon Kitchen & Bath Showroom Building Supply Home Appliance Store

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
$1.04 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

81
Businesses Nearby
Well-served
Demand for This Use

Demographics for 01085, MA

41,529
Population
17,054
Households
2.4
Avg Household Size
41
Median Age
33%
College-Educated
92%
High-School Grad
59.7 sq mi
ZIP Area
696
Density / Sq Mi
$83,821
Median Household Income
$44,737
Median Earnings
$1,064
Median Rent
$296,300
Median Home Value

Market

Lease Benchmarks for Westfield, MA

$8.62 /SF/Yr
Avg Asking Price
$6.95–$10.32 /SF/Yr
Price Range
75,093 SF
Avg Space Size

This space is priced 19% below the average of $8.62 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Lineage 45 Campanelli Dr, Westfield, MA 01085
  • Bert Hill Moving & Storage 978 Southampton Rd, Westfield, MA 01085
  • Fill-It Self Storage Westfield 575 N Rd, Westfield, MA 01085

Frequently Asked Questions

What type of property is this?
Warehouse - 50,000 SF industrial space for lease in Westfield.
Where is this warehouse located?
The property is located at 22 Progress Avenue Westfield, MA.
What is the lease rate?
The lease rate is $6.95 SF/Yr.
What are key features of this property?
This property features: ±50,000 SF Available in a ±100,000 SF Building; 10.51 Acre Site with Ample Parking (±40 cars & trailer storage); 21 Loading Docks (11 Available) with Levelers**
More about this property
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