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701 Kelly Way, Holyoke, MA 01040

Flex space

Property Size13,069 SF
Lot Size2.76 Acres
Days on Market871

Property Features for 701 Kelly Way

General Information

Standard status Active
Size 13,069 SF
Class A
Lot size 2.76 Acres
Property subtype Office
Zoning Industrial Park
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $197,022

Building Details

Year Built 2009
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Jennings Real Estate
Listed By: Jonathan Little · License #9519962
Source: Crexi
Added: Apr 17, 2024 Changed: Aug 28 Last Checked: Sep 1 at 10:53AM

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 Jennings Real Estate

Investment Insights

Based on property information with market context.

Key Highlights

  • Single tenant net leased property with 4.5 years remaining on the lease to Rexel USA.
  • Located in the Crossroads Industrial Park at the intersection of I‑91 and the Massachusetts Turnpike, offering exceptional regional highway access.
  • Building constructed in 2009, totaling 13,069 square feet on 2.76 acres.

Property Analytics

Current Use

Rexel Building Supply

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Parking Lot & Garage Real Estate Agency HVAC Service Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

163
Businesses Nearby
Well-served
Demand for This Use

Demographics for 01040, MA

38,238
Population
17,057
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
79%
High-School Grad
21.2 sq mi
ZIP Area
1,804
Density / Sq Mi
$51,892
Median Household Income
$41,801
Median Earnings
$1,016
Median Rent
$255,300
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

Where is this flex space located?
The property is located at 701 Kelly Way Holyoke, MA.
What are key features of this property?
This property features: Single tenant net leased property with 4.5 years remaining on the lease to Rexel USA.; Located in the Crossroads Industrial Park at the intersection of I‑91 and the Massachusetts Turnpike, offering exceptional regional highway access.; Building constructed in 2009, totaling 13,069 square feet on 2.76 acres.
(413) 731-7770 Call to check price and availability
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