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Fifth-Floor Office Suite
For Lease
$18 SF/Yr

225 Park Avenue Unit 5, West Springfield, MA 01089

Fifth-floor office suite available at Park Tower with on-site parking and high-visibility access on Park Avenue.

Space SizeContact for details
Property Size2,271 SF
Days on Market731

Property Features for 225 Park Avenue Unit 5

General Information

Standard status Active
Size 2,271 SF

Building Details

Year Built 1974
Listing Agency: Pioneer CRE
Listed By: Paul Bongiorni
Source: Cbcommunityrealtors
Added: Aug 8, 2024 Changed: Jul 28 Last Checked: Aug 8 at 5:00PM

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 Pioneer CRE

Investment Insights

Based on property information with market context.

Fifth-floor office space is available for lease at Park Tower. The offering is located within a prominent office building and is suitable for established business operations seeking an in-building workplace environment.

Park Tower is situated on high-traffic Park Avenue and is described as easily accessible from Springfield area highways. The location is minutes from downtown West Springfield and downtown Springfield, along with nearby Route 5 shopping centers and the Eastern States Exposition.

On-site parking is available for tenants and visitors. Current occupancy includes KeyBank, offering additional tenant presence within the Park Tower complex.

Key Highlights

  • Fifth‑floor office space available for lease at Park Tower
  • High‑visibility office building on Park Avenue in a high‑traffic area
  • On‑site parking available

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tech Support Center Plumbing Service Parking Lot & Garage Skin Care Clinic Locksmith

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,051
Businesses Nearby

Demographics for 01089, MA

28,835
Population
13,095
Households
2.2
Avg Household Size
41
Median Age
35%
College-Educated
91%
High-School Grad
16.7 sq mi
ZIP Area
1,727
Density / Sq Mi
$70,401
Median Household Income
$43,186
Median Earnings
$1,121
Median Rent
$307,900
Median Home Value

Market

Lease Benchmarks for West Springfield, MA

$18.11 /SF/Yr
Avg Asking Price
$9–$24 /SF/Yr
Price Range
9,949 SF
Avg Space Size

This space is priced 1% below the average of $18.11 /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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Frequently Asked Questions

What type of property is this?
Office units - Fifth-floor office suite available at Park Tower with on-site parking and high-visibility access on Park Avenue.
Where is this office units located?
The property is located at 225 Park Avenue Unit 5 West Springfield, MA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Fifth‑floor office space available for lease at Park Tower; High‑visibility office building on Park Avenue in a high‑traffic area; On‑site parking available
More about this property
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