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2594 Main Street, Springfield, MA, 01107

Family Dollar

$2,168,922

Key Information

Cap Rate
8%
$ per SF
$266
Tot. SF
8,137
Lot Size
1.03 Acres
Year Built
2018
Term Remaining
± 10 Years
Type
Retail

Highlights

• 2018 build-to-suit construction for Family Dollar
• Absolute NNN lease with zero landlord responsibilities
• 10% rental increase in October 2028, and 8% increases in all six option periods
• Family Dollar recently extended the lease early, proving their long term commitment to the location
• Located on Main St and ±1 Mile from Downtown Springfield, MA
• ±5-mile population in excess of 227,108
• Nearby national tenants include Big Lots, Firestone, Chipotle, Dunkin Donuts, USPS, Taco Bell, and many more
• Corporately guaranteed lease from Family Dollar Corporation

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 1000083-RE-RB (MA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203