Springfield, MA Retail Properties & Spaces for Lease
Springfield, MA Retail properties & Spaces Lease Rates & Market Statistics
Explore 38 Retail properties & Spaces for lease in Springfield, MA on Realmo, a commercial real estate exchange covering the Springfield area. The current inventory totals 574,124 square feet of properties — an average of ~15,100 SF per listing.
Asking lease rates for Retail properties & Spaces in Springfield start at $12.50 SF/Yr, average $15.39 SF/Yr, and reach $21 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 $15.39 SF/Yr is 50% below the Massachusetts state average of $30.57 SF/Yr.
Springfield accounts for 39% of the 97 retail properties & spaces currently available across Hampden County, where nearby markets include Agawam and Chicopee. By space type, the market includes 9 shopping centers and 5 storefront properties.
