752 Page Boulevard, Springfield, MA
Retail for Sale - $1,402,500 - 9,600 Sq. Ft. on 0.4 acres
Property Info
CIMLS# | 780730 |
Location 752 Page Boulevard Springfield MA 01104 | |
Updated | December 14th, 2017 |
Type | Retail |
Price | $1,402,500 |
Building | 9,600 Sq. Ft. |
Land | 0.4 acres |
Property Description
Retail building with 9,600 SF located on Route 20A (Page Boulevard). CAP rate is 8% and the 2014-2015 NOI is $112,200 with scheduled increases. Tenant has a corporate guarantee from a Fortune 500 Company PPG Industries (NYSE: PPG) acquired Painter's Supply June 2014. Neighbors include Burger King, Kitchens by Custom Cabinet, B&G Auto Services, McDonald's, and New England Wholesalers. Located under 1 mile from I-291, exit 5B. Public bus stop located across from the property.
Financials
INVESTMENT OPPORTUNITY WITH A FORTUNE 500 COMPANY TENANT FOR SALE IN SPRINGFIELD, MA FOR $1,402,500. Part of a five property portfolio in Connecticut and Massachusetts. For additional information visit our website at: www.angelcommercial.com.