272 Russell St, Hadley, MA 01035
For Lease
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This exceptional 43,560 square foot commercial land parcel presents a unique investment opportunity in Hadley's thriving retail corridor. Located on Russell Street, this single-tenant site benefits from excellent visibility and accessibility, featuring signal light access via a Lowe's easement. The property is situated within a robust retail environment boasting over 1.4 million square feet of retail space, anchored by major national brands such as Target, Dick's Sporting Goods, Barnes & Noble, Home Depot, Staples, and Cinemark. The area also enjoys a diverse selection of grocery stores including Whole Foods, Trader Joe's, Aldi's, Stop & Shop, Big Y, Target, and Walmart, ensuring high foot traffic and consumer density. Further enhancing the location's appeal is a strong presence of restaurants like Chili's, Applebee's, Arizona Pizza, Chipotle, Panera Bread, Hot Table, Starbucks, McDonald's, and Taco Bell. The site's proximity to 400,000 square feet of Class A office space at Hadley University Park, U.S. Fish & Wildlife, and McKesson, as well as 550 hotel rooms across various brands, contributes to a substantial daytime population. The presence of the Five College Consortium (UMASS Amherst, Amherst College, Hampshire College, Mount Holyoke College, and Smith College), with its combined 36,600 students and 2,400 faculty members, provides a large and consistent consumer base. This prime location offers unparalleled potential for a variety of commercial developments.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
B · Hadley, MAHadley. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.