Springfield, MA Storefront Properties for Lease
- Chicopee, MA
- West Springfield, MA
- Agawam, MA
- East Longmeadow, MA
- Holyoke, MA
- Ludlow, MA
- Wilbraham, MA
- Longmeadow, MA
Storefront properties for Lease in Nearby Cities
Similar Spaces for Sale in Springfield, MA
Springfield, MA Storefront properties Lease Rates & Market Statistics
Explore 5 Storefront properties for lease in Springfield, MA on Realmo, a commercial real estate exchange covering the Springfield area. The current inventory totals 9,679 square feet of properties.
Asking lease rates for Storefront properties in Springfield start at $15 SF/Yr, average $18 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 $18 SF/Yr is 48% below the Massachusetts state average of $34.61 SF/Yr.
Springfield accounts for 24% of the 21 storefront properties currently available across Hampden County, where nearby markets include East Longmeadow and Holyoke. Storefront properties make up 13% of the 38 Retail properties & Spaces currently for lease in Springfield, with asking rates averaging $18 SF/Yr — 17% above the citywide Retail properties & Spaces average of $15.39 SF/Yr. Also worth a look for tenants weighing alternatives: Shopping centers (9 listings) elsewhere in the Springfield market.