Property Listing No Longer Available for Sale

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
UpdatedDecember 14th, 2017
TypeRetail
Price$1,402,500
Building9,600 Sq. Ft.
Land0.4 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.



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