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577 Meadow St
Chicopee, MA 01013
Walgreens · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Walgreens just signed a new 15 year NNN lease with extremely rare 5% rent increases every 5 years throughout the entire term of the lease.
  • Property is located in close proximity to major economic drivers; Callaway Golf, Westover Air Force, Smith & Wesson, Gulfstream Aerospace Corporation
  • Tenant reporting over $3.3M in store sales.
  • Densely populated area with a population of over 185,000 people within a 5-mile.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
11,692 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.45 AC
Zoning
0
Parking
38 Spaces (3.25 Spaces per 1,000 SF Leased)
Frontage
50’ on Mckinstry Ave

AMENITIES

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0360-00005
Land Assessment
$204,600
Improvements Assessment
$2,092,700
Total Assessment
$2,297,300
  • Listing ID: 29448024

  • Date on Market: 9/6/2023

  • Last Updated:

  • Address: 577 Meadow St, Chicopee, MA 01013

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