Mattress Firm for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30570190
Property Subtypes: Free-Standing Building
Building Size (RSF): 4,800 SF
Gross Building Area: See Agent
Sale Price: $1,275,000
Unit Price: $265.63 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Other
Cap Rate: 6.75%
Average Occupancy Rate: 100
Last Updated: 7/13/2021

Overview / Comments

For sale Mattress Firm. Long term profitable location. Tenant has been in the building for 20 years and has 7 years remaining on a 10 year lease. Great street frontage and visibility on a heavily traveled regional retail corridor.

Additional Details

Nearest MSA: Springfield
County: Hampden
Taxing Authority: City of Springfield
Tax ID/APN: 016550232
Retail Clientele: General, Family, Business
Property Visibility: Excellent
Largest Nearby Street: Route 20
Feet of Frontage: 120
Area Description: regional trade area
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,800 SF
Property Condition: Good
Roof Type: Flat
Construction/Siding: Block
Total Parking Spaces: 12
Parking Type: Surface
Lot Frontage: 120

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,160 83,952 230,020
Median Age: 33.72 36.97 36.71
Households: 5,119 31,470 88,404


Photograph of Listing Agent

Daniel A Rosow

Real Estate Advisory Group LLC
CTCList Member
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