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752 Sumner Ave 9,268 SF 100% Leased Retail Building Springfield, MA 01108 $975,000 ($105.20/SF) 7.83% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully Occupied
- 7.83 Cap Rate
- Stable Leases
EXECUTIVE SUMMARY
Fully leased - 7.83% Cap Rate
Renovated and updated in 2024
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$107,400
|
$11.59
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$107,400
|
$11.59
|
| Taxes |
$13,000
|
$1.40
|
| Operating Expenses |
$18,000
|
$1.94
|
| Total Expenses |
$31,000
|
$3.34
|
| Net Operating Income |
$76,400
|
$8.24
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $107,400 |
| Annual Per SF | $11.59 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $107,400 |
| Annual Per SF | $11.59 |
| Taxes | |
|---|---|
| Annual | $13,000 |
| Annual Per SF | $1.40 |
| Operating Expenses | |
|---|---|
| Annual | $18,000 |
| Annual Per SF | $1.94 |
| Total Expenses | |
|---|---|
| Annual | $31,000 |
| Annual Per SF | $3.34 |
| Net Operating Income | |
|---|---|
| Annual | $76,400 |
| Annual Per SF | $8.24 |
PROPERTY FACTS
AMENITIES
- Bus Line
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- A1 Antiques
- Retailer
- -
- -
- -
- Armata Security
- -
- -
- -
- -
- Brim & Crown Shop
- Retailer
- -
- -
- -
-
- Information
- -
- -
- -
Founded in 1999, Cricket Wireless operates as a prepaid wireless telecommunications provider in the United States. Originally established by Leap Wireless, the brand focused on no-contract mobile services designed for cost-conscious consumers. In 2014, Cricket Wireless became a wholly owned subsidiary of AT&T following AT&T’s acquisition of Leap Wireless. The acquisition integrated Cricket into AT&T’s national network infrastructure while maintaining Cricket as a distinct prepaid brand. Cricket provides voice, text, and data services using AT&T’s wireless network, including access to 4G LTE and 5G coverage where available. The company distributes services through company-operated and authorized retail locations, as well as online channels. Over time, Cricket expanded from its initial regional footprint to a nationwide presence supporting consumer prepaid plans and device offerings.
- Garden Of Eat'n
- Accommodation and Food Services
- -
- -
- -
- Rose Nails
- Services
- -
- -
- -
- Shaolin Kung Fu Center
- Arts, Entertainment, and Recreation
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| A1 Antiques | Retailer | - | - | - | ||
| Armata Security | - | - | - | - | ||
| Brim & Crown Shop | Retailer | - | - | - | ||
|
|
Information | - | - | - | ||
| Garden Of Eat'n | Accommodation and Food Services | - | - | - | ||
| Rose Nails | Services | - | - | - | ||
| Shaolin Kung Fu Center | Arts, Entertainment, and Recreation | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | SPRI-011280-000000-000136 | Total Assessment | $1,134,100 (2025) |
| Land Assessment | $172,700 (2025) | Annual Taxes | $13,000 ($1.40/SF) |
| Improvements Assessment | $961,400 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Presented by
752 Sumner Ave
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