Retail-Office Space with
For Lease
$17.50 SF/Yr
385 Allen Street, Springfield, MA 01118
Modern retail/office building with approximately 6,000 SF sales area, plus about 3,180 SF storage/shipping and ample parking.
Space Size9,180 SF
Days on Market71
Property Features for 385 Allen Street
General Information
Standard status
Active
Size
9,180 SF
Property subtype
Retail - Street Retail
Additional Details
Traffic Count
15,492 vehicles/day
Building Details
Building Size
9,180 SF
Units
1
Spaces For Lease
at 385 Allen Street Contact us- Size
- 9,180 SF
- Type
- Street Retail
- Lease Type
- NNN
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
385 Allen Street $17.50/SF/Yr
Listing Agency:
NAI Plotkin
(413) 200-6018
Listed By:
Liam Reynolds · License #112100
Source:
Commercialcafe
Added: Jun 16
Changed: Aug 23
Last Checked: Aug 22 at 1:44PM
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 NAI Plotkin
Investment Insights
Based on property information with market context.
A modern, well-maintained retail/office building offering approximately 6,000 SF of retail floor space. The layout also includes approximately 3,180 SF of storage/shipping space to support back-of-house needs.
The property provides ample on-site parking, including several handicapped spaces. Positioned at a busy intersection with traffic estimated at 15,492 vehicles per day, the building is designed for strong visibility and convenient access.
The property provides ample on-site parking, including several handicapped spaces. Positioned at a busy intersection with traffic estimated at 15,492 vehicles per day, the building is designed for strong visibility and convenient access.
Key Highlights
- Approximately 6,000 SF retail sales floor space plus about 3,180 SF storage/shipping
- Modern, well‑maintained retail/office building
- 9180 square feet of retail/office space total
Property Analytics
Property Profile
Current Use
Lease Details
15,492 VPD
Traffic count
NNN (Triple Net)
Lease Type
$2.63 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
761
Businesses Nearby
60k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 78%
Home Improvements & Furnishings 16%
Dining 4%
Electronics 2%
Dollar Tree
Shops & Services
13,724 visits/mo
0.0 miles
Rocky's Ace Hardware
Home Improvements & Furnishings
9,906 visits/mo
0.1 miles
Santander Bank
Shops & Services
8,223 visits/mo
0.5 miles
Sunoco
Shops & Services
7,344 visits/mo
0.4 miles
Citgo
Shops & Services
5,117 visits/mo
0.4 miles
Demographics for 01118, MA
14,296
Population
5,787
Households
2.5
Avg Household Size
40
Median Age
30%
College-Educated
91%
High-School Grad
3.6 sq mi
ZIP Area
3,971
Density / Sq Mi
$80,906
Median Household Income
$48,486
Median Earnings
$1,220
Median Rent
$243,800
Median Home Value
Market
Lease Benchmarks for Springfield, MA
$15.97 /SF/Yr
Avg Asking Price
$11.66–$21 /SF/Yr
Price Range
17,393 SF
Avg Space Size
This space is priced 10% above the average of $15.97 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Modern retail/office building with approximately 6,000 SF sales area, plus about 3,180 SF storage/shipping and ample parking.
Where is this retail space located?
The property is located at 385 Allen Street Springfield, MA.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: Approximately 6,000 SF retail sales floor space plus about 3,180 SF storage/shipping; Modern, well‑maintained retail/office building; 9180 square feet of retail/office space total
