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Professional Office Suite For Lease
For Lease
$12 SF/Yr

45 Arch Road Unit 5, Westfield, MA 01085

First floor office suite with private offices and kitchenette.

Space SizeContact for details
Days on Market849

Property Features for 45 Arch Road Unit 5

General Information

Standard status Active

Building Details

Year Built 1956
Listing Agency: Pioneer CRE
Listed By: Paul Bongiorni
Source: Gogginsrealestate
Added: May 6, 2024 Changed: Aug 31 Last Checked: Aug 31 at 8:09PM

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.

Available for lease is a first-floor office suite located within the 1 Arch Road Professional Center. The suite spans 3256 square feet and is configured with a combination of open office space, five private offices, and a kitchenette. The property is situated directly off US Route 202, providing convenient access to the Massachusetts Turnpike. Additional office and shop space options are available within the building.

Key Highlights

  • First floor office suite.
  • Located directly off US Rt. 202.
  • Convenient access to the MA Pike.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Parts Store Big Box & Wholesale Store Auto Repair Shop Hair Salon

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

236
Businesses Nearby

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

$16.16 /SF/Yr
Avg Asking Price
$8–$27.27 /SF/Yr
Price Range
5,310 SF
Avg Space Size

This space is priced 26% below the average of $16.16 /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 - First floor office suite with private offices and kitchenette.
Where is this office units located?
The property is located at 45 Arch Road Unit 5 Westfield, MA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: First floor office suite.; Located directly off US Rt. 202.; Convenient access to the MA Pike.
More about this property
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