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    434-454 Russell St Hadley, MA 01035

    Sponsored
    For Lease
    Contact for pricing

    Prime Amherst Retail: 5,682 SF Available

    Lot size:
    151,109 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 434-454 Russell Street in Hampshire County, offering a highly visible storefront space within a thriving retail center. The property boasts a total of 151,109 square feet, with 5,682 square feet currently available for lease. This space is ideal for a variety of retail uses, benefiting from its strategic location within Campus Plaza, approximately one-eighth of a mile from the University of Massachusetts Amherst campus, home to over 23,000 students. The strong tenant mix includes established national retailers such as Super Stop & Shop and TJ Maxx, ensuring high foot traffic and a vibrant shopping environment. The property is categorized as a multi-tenant building, offering a collaborative and dynamic atmosphere. The available space provides significant flexibility for businesses seeking a prominent presence in this bustling area. Operating expenses are $2.36 per square foot, insurance is $.97 per square foot, and real estate taxes are $1.17 per square foot, totaling $4.50 per square foot. This prime location, combined with the existing strong tenant base and proximity to a large student population, presents a compelling investment opportunity for discerning retailers. Inquire today to learn more about this exceptional retail space and secure your place in this thriving Amherst commercial hub.

    Property Features for 434-454 Russell St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    151,109 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    5,682 SF

    HighLights

    • 151,009 SF retail center with multiple tenants in Hampshire County.
    • 5,682 SF of retail space currently available for lease.
    • Strong co‑tenancy with Super Stop & Shop and TJ Maxx.
    • Located approximately 1/8 mile from the University of Massachusetts Amherst campus (23,000+ students).
    • Operating expenses total $4.50/SF ($2.36 OPEX, $.97 insurance, $1.17 real estate taxes).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hadley
    County
    Hampshire
    State
    Massachusetts
    Longitude
    -72.539232
    Latitude
    42.3641291

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    FAQs

    What type of property is this?
    Retail property - Prime Amherst Retail: 5,682 SF Available
    Where is this retail property located?
    The property is located at 434-454 Russell St Hadley, MA.
    What are key features of this property?
    This property features: 151,009 SF retail center with multiple tenants in Hampshire County.; 5,682 SF of retail space currently available for lease.; Strong co-tenancy with Super Stop & Shop and TJ Maxx.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    434-454 Russell St Hadley, MA 01035
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