665 Boston Rd
Springfield, MA 01119
Retail Property For Sale

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PROPERTY FACTS

Property Type
Retail
Building Size
128,252 SF
Building Class
C
Year Built
1978
Tenancy
Multiple
Building Height
1 Story
Zoning
B2
Frontage
  • 712’ on Arnold Ave
  • 798’ on Boston Rd
712’ on Arnold Ave

AMENITIES

  • Bus Line
  • Pylon Sign
  • Drive Thru

ABOUT 665 BOSTON RD , SPRINGFIELD, MA 01119

Newmark Knight Frank has been exclusively retained to sell Boston Road Plaza, a 128,104 square foot, grocery-anchored shopping center that is currently owned by its largest tenant, Raymour & Flanigan. Presently 100% leased to seven retailers with 72% credit tenancy, the property comprises two buildings – an anchor/junior anchor building occupied by Raymour & Flanigan, Price Rite, Grossman’s Bargain Outlet and Laundry Unlimited and a highly visible outparcel occupied by Popeyes, Subway and Noble Family Dental. Boston Road Plaza benefits from prominent positioning and signage at a signalized intersection along Boston Road (Route 20), a major four-lane thoroughfare, within one of Springfield’s most densely populated neighborhoods. The asset is being offered significantly below replacement cost, without a formal asking price and free and clear of existing debt.

PROPERTY TAXES

Parcel Number SPRI-001655-000000-000657 Improvements Assessment $4,194,100
Land Assessment $4,090,800 Total Assessment $8,284,900

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ADDITIONAL PHOTOS

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  • Listing ID: 16391487

  • Date on Market: 6/19/2019

  • Last Updated:

  • Address: 665 Boston Rd, Springfield, MA 01119

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