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West Holyoke Plaza 250 Westfield Rd Local commercial 2 747 m² À vendre Holyoke, MA 01040 4 202 525 € (1 529,94 €/m²) Taux de capitalisation 7,60 %
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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- 29,567 SF Neighborhood Retail Property
- Future Development Possible
- Mostly NNN Leases
- Long Term Tenancy
- 220 surface level parking spots (7.44 Spaces/1,000 SF Leased)
RÉSUMÉ ANALYTIQUE
Northeast Private Client Group is pleased to present West Holyoke Plaza, an 8-suite, 29,567 SF Dollar General anchored neighborhood retail center located at 250 Westfield Road in Holyoke, Massachusetts.
The property is situated on approximately 3.5 acres with 575 feet of frontage along Westfield Road, which experiences an Annual Average Daily Traffic count of approximately 17,878 vehicles per day, providing strong visibility and consistent consumer activity.
Tenant paid utilities and NNN reimbursements help maximize NOI for ownership. The main building includes approximately 20,000 SF of ground floor retail, a 6,000 SF finished lower level leased to the Holyoke Knights of Columbus, and an additional 4,000 SF of tenant and owner storage. Two outparcel buildings, approximately 1,000 SF and 2,000 SF respectively, provide additional rental income and further diversify revenue streams.
Originally constructed in 1963, the plaza has been well maintained and recently renovated, including upgrades to electrical and plumbing systems, stormwater management, paving, HVAC, and major portions of the parking lot.
The property offers investors immediate day one cash flow and a stabilized rent roll, with upside supported by 2025 contractual rent increases and scheduled escalations beginning in 2026, providing near-term appreciation for new ownership. Additional value add potential exists through possible expansion of the main building and further outparcel development.
The property is situated on approximately 3.5 acres with 575 feet of frontage along Westfield Road, which experiences an Annual Average Daily Traffic count of approximately 17,878 vehicles per day, providing strong visibility and consistent consumer activity.
Tenant paid utilities and NNN reimbursements help maximize NOI for ownership. The main building includes approximately 20,000 SF of ground floor retail, a 6,000 SF finished lower level leased to the Holyoke Knights of Columbus, and an additional 4,000 SF of tenant and owner storage. Two outparcel buildings, approximately 1,000 SF and 2,000 SF respectively, provide additional rental income and further diversify revenue streams.
Originally constructed in 1963, the plaza has been well maintained and recently renovated, including upgrades to electrical and plumbing systems, stormwater management, paving, HVAC, and major portions of the parking lot.
The property offers investors immediate day one cash flow and a stabilized rent roll, with upside supported by 2025 contractual rent increases and scheduled escalations beginning in 2026, providing near-term appreciation for new ownership. Additional value add potential exists through possible expansion of the main building and further outparcel development.
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INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
2 747 m²
Classe d’immeuble
C
Année de construction/rénovation
1964/2014
Prix
4 202 525 €
Prix par m²
1 529,94 €
Taux de capitalisation
7,60 %
RNE
319 299 €
Occupation
Multi
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
0,20
Surface du lot
1,40 ha
Zonage
BL - Entreprise limitée (de quartier).
Stationnement
220 places (80,09 places par 1 000 m² loué)
Façade
CARACTÉRISTIQUES
- Ligne d’autobus
- Terrain d’angle
- Voie de virage exclusive
- Enseigne sur pylône
- Restaurant
- Signalisation
- Service au volant
- Éclairage d’appoint
- Espace d’entreposage
- Climatisation
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PRINCIPAUX COMMERCES À PROXIMITÉ
TAXES FONCIÈRES
| Numéro de parcelle | HOLY-000157-000000-000071 | Évaluation des aménagements | 1 195 163 € |
| Évaluation du terrain | 170 874 € | Évaluation totale | 1 366 037 € |
TAXES FONCIÈRES
Numéro de parcelle
HOLY-000157-000000-000071
Évaluation du terrain
170 874 €
Évaluation des aménagements
1 195 163 €
Évaluation totale
1 366 037 €
CONTACTS
-
Drew Kirkland -
James Casey -
Francis Saenz -
Patrick Wheeler -
Anthony Rakauskas -
Northeast Private Client Group
1 sur 8
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West Holyoke Plaza | 250 Westfield Rd
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