1795 Main St Springfield, MA 01103

This exceptional investment opportunity presents two executive office suites, units 202 and 210, totaling 1,968 net rentable square feet, located at 1795 Main Street in Springfield, Massachusetts, 01103. The property is a Class B office building with a current asking price of $425,000, boasting a strong 7.00% capitalization rate and a substantial net operating income (NOI) of $29,520. The property features a national dental tenant currently under a 5-year lease (with two 5-year options) commencing May 5th, 2024, and expiring April 30th, 2029. The total building square footage is 21,000 square feet, and the lease is a triple net (NNN) agreement. This presents a stable and attractive investment opportunity with a long-term tenant in place, offering significant potential for future returns. The property's prime location in Hampden County, Massachusetts, ensures easy access to major transportation routes and a thriving local business community. This is a rare chance to acquire a well-positioned, income-producing asset with a proven track record. The financial details are compelling, making this an ideal addition to any diversified investment portfolio. Serious inquiries are encouraged.