701 Kelly Way Holyoke, MA 01040
Sponsored
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 393
Property Features for 701 Kelly Way
General Information
- Property type
- Office Properties & Spaces
- Square Feet
- 13,069 SF
- Class
- A
- Lot Size
- 120,008 SF
Building Details
- Year Built
- 2009
- Buildings
- 1
- Stories
- 1
- Units
- 1
HighLights
- $3,100,000 asking price for a Class A, 13,069 SF executive office building.
- Net lease investment opportunity with a corporate guarantee from Rexel, a major electrical distributor.
- 6.06% cap rate with a 100% occupancy rate and $187,998 annual NOI.
- Located on a 2.755‑acre lot in Holyoke, MA's Crossroads Industrial Park, offering excellent highway access.
- Features 9,069 SF of office space and 4,000 SF of warehouse space.
- Built in 2009 with a rent increase scheduled for November 2024.
Property Profile
Location Intelligence
Current Use by Public Records
Rexel
Electrical Supply Store
Location Insight
- Map
- Local Demand
- City
- Holyoke
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.6566007
- Latitude
- 42.1654294
Nearby Similar for Sale
FAQs
What type of property is this?
Office Property / Space - Class A Office, 13,069 SF, 6.06% Cap Rate
Where is this office property / space located?
The property is located at 701 Kelly Way Holyoke, MA.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: $3,100,000 asking price for a Class A, 13,069 SF executive office building.; Net lease investment opportunity with a corporate guarantee from Rexel, a major electrical distributor.; 6.06% cap rate with a 100% occupancy rate and $187,998 annual NOI.
