120-B Whiting Farms Rd Holyoke, MA 01040

This exceptional Class A industrial property, located at 120-B Whiting Farms Rd, Holyoke, MA 01040, is offered for sale by owner. The 47,000 square foot building sits on a 5-acre lot and boasts 10,000 square feet of net rentable space, with a price per square foot of $106.38. The property features a 5.00% cap rate and a 5.6-year remaining lease term (10-year lease commencing June 16, 2020, and expiring June 17, 2030) with a credit-rated single tenant under a NNN lease. The building, constructed in 1970 and renovated in 1990, 1995, 2000, and 2005, offers a flexible layout with no supporting walls, allowing for customizable configurations. Amenities include 100 parking spaces, three loading docks with three dock-high doors, and ceiling heights ranging from 17 to 24 feet. The property is zoned for industrial use and benefits from its strategic location at the crossroads of major New England roadways (Routes 90 and 91). The sale includes 47,000 square feet of air rights, presenting opportunities for expansion. There are no rent bumps included in the lease. This is a sale/leaseback opportunity with a CAP ownership structure. Five-year lease options are available.