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385 Allen St 9,180 SF of Retail Space Available in Springfield, MA 01118
Highlights
- Freestanding retail building with dedicated parking, including several accessible spaces for added convenience.
- Situated at a busy intersection in Springfield, ensuring visibility and steady customer traffic.
- Easy access from primary thoroughfares with strong regional connectivity to Springfield’s major districts.
- Large, open retail floor area complemented by substantial storage space to accommodate various merchandising or operational needs.
- Modern, well-maintained structure conducive to a professional retail environment.
- Surrounded by diverse retail, dining, and cultural amenities, enhancing the site’s appeal to both customers and employees.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 9,180 SF | Negotiable | $17.50 /SF/YR $1.46 /SF/MO $160,650 /YR $13,388 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 385 Allen St, Springfield, MA 01118
- Tenant
- Description
- US Locations
- Reach
- Dollar Tree
- Dollar/Variety/Thrift
- 11,073
- International
| Tenant | Description | US Locations | Reach |
| Dollar Tree | Dollar/Variety/Thrift | 11,073 | International |
Property Facts
| Total Space Available | 9,180 SF | Gross Leasable Area | 9,180 SF |
| Property Type | Retail | Year Built | 2015 |
| Property Subtype | Freestanding |
| Total Space Available | 9,180 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 9,180 SF |
| Year Built | 2015 |
About the Property
Discover the vibrant surroundings of 385 Allen Street in Springfield, MA! Located in a bustling retail district, the area offers an inviting blend of historical charm and modern amenities. Just minutes away from the property, your retail business will benefit from the high foot traffic and strong community connections. Nearby, Forest Park provides a picturesque escape for visitors, while the Basketball Hall of Fame celebrates the city's sports heritage. Showcasing a diverse mix of shops, restaurants, and cultural attractions, the neighborhood around 385 Allen Street offers an ideal setting for your retail venture. Join this dynamic community and make your mark in Springfield's thriving retail scene.
Nearby Major Retailers
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385 Allen St
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