Springfield, MA Retail Properties & Spaces for Lease
- Chicopee, MA
- West Springfield, MA
- Agawam, MA
- East Longmeadow, MA
- Holyoke, MA
- Ludlow, MA
- Wilbraham, MA
- Longmeadow, MA
Springfield, MA Retail properties & Spaces Lease Rates & Market Statistics
Explore 53 Retail properties & Spaces for lease in Springfield, MA on Realmo, a commercial real estate exchange covering the Springfield area. The current inventory totals 713,917 square feet of properties — an average of ~13,450 SF per listing.
Asking lease rates for Retail properties & Spaces in Springfield start at $11.66 SF/Yr, average $16.14 SF/Yr, and reach $28.23 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $16.14 SF/Yr is 49% below the Massachusetts state average of $31.71 SF/Yr.
Springfield accounts for 43% of the 122 retail properties & spaces currently available across Hampden County, where nearby markets include Chicopee and East Longmeadow. By space type, the market includes 11 shopping centers, 7 storefront properties and 4 automotive properties.