590-628 Center St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
590-628 Center St
55,086 SF 100% Leased Industrial Building Chicopee, MA 01013 $3,160,530 CAD ($57 CAD/SF) 8.04% Cap Rate
Investment Highlights
- BILLBOARD VISIBLE FROM INTERSTATE 91 SOUTHBOUND IN CHICOPEE
- LEASE TERM LEFT FOR MOST TENANTS
- 6 PARCELS TOTALLING 1.16 ACRES OF LAND
- MULTI TENANTED PROPERTY
- ADDITIONAL PARKING LOT ACROSS THE STREET
Executive Summary
Jennings Real Estate Services, Inc.- Invest in a strategic Chicopee property, 1.16 acres, with a 55,086 square foot building (37,000 square feet rentable). Diverse tenants include HCRC, GroHydro, Kin's Auto Glass, and Springfield Crankshaft. Long-term leases provide stable income. Bonus 0.5524-acre parking lot owned by sellers offers free off-street parking. Lamar leases the billboard, enhancing exposure. Ideal for investors seeking a diverse tenant mix and stable returns.
Property Facts
| Price | $3,160,530 CAD | Rentable Building Area | 55,086 SF |
| Price Per SF | $57 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1945 |
| Cap Rate | 8.04% | Parking Ratio | 0.4/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 12 ft |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 3 |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 1.71 AC |
| Price | $3,160,530 CAD |
| Price Per SF | $57 CAD |
| Sale Type | Investment |
| Cap Rate | 8.04% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.71 AC |
| Rentable Building Area | 55,086 SF |
| No. Stories | 1 |
| Year Built | 1945 |
| Parking Ratio | 0.4/1,000 SF |
| Clear Ceiling Height | 12 ft |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 3 |
Amenities
- 24 Hour Access
- Bus Line
- Fenced Lot
- Signage
- Fluorescent Lighting
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
1 of 1
PROPERTY TAXES
| Parcel Number | CHIC-000013-000000-000005 | Improvements Assessment | $894,150 CAD |
| Land Assessment | $105,021 CAD | Total Assessment | $999,171 CAD |
PROPERTY TAXES
Parcel Number
CHIC-000013-000000-000005
Land Assessment
$105,021 CAD
Improvements Assessment
$894,150 CAD
Total Assessment
$999,171 CAD
zoning
| Zoning Code | Industrial (industrial zone) |
| Industrial (industrial zone) |
-
Jonathan Little -
Kevin Jennings -
Jennings Real Estate Services, Inc.
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
590-628 Center St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.