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4 Springfield St Palmer, MA 01080

Multi-Tenant Warehouse, Excellent NOI

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional Palmer, MA industrial portfolio offers 307,800 square feet across four buildings situated on a 7.15-acre lot. The property, zoned Village Center District II, boasts a strong net operating income (NOI) of $281,313, reflecting excellent in-place cash flow and significant value-add potential. The multi-tenant occupancy ensures a diversified revenue stream. The two-story buildings provide ample space for various industrial and manufacturing uses. Located at 4 Springfield Street, Palmer, MA 01080 (42.1792289, -72.3677398), this property presents a compelling investment opportunity in Hampden County, Massachusetts. The existing tenant roster demonstrates the property's desirability and potential for continued growth. This is a rare opportunity to acquire a well-performing industrial portfolio with significant upside potential in a thriving market. The property's size, location, and strong cash flow make it an attractive investment for those seeking stable returns and future appreciation. The existing infrastructure and zoning allow for a variety of uses, providing flexibility for future development or expansion. This is a turnkey investment ready to generate immediate income. The property's strong performance history and potential for future growth make it a highly desirable asset.

Highlights

  • 307,800 SF industrial warehouse and manufacturing property.
  • NNN lease, multi-tenant occupancy.
  • $281,313 Net Operating Income (NOI).
  • Four buildings on a 7.15-acre lot, two stories.
  • Located in Palmer, MA, zoned Village Center District II.

Property Details for 4 Springfield St

Property type
Warehouses, Industrial properties
Square Feet
307,800 SF
Buildings
4
Stories
2
Lot Size (sq. ft)
311,454 SF

Location Insight

City
Palmer
County
Hampden
State
Massachusetts
Latitude
42.1792289
Longitude
-72.3677398

FAQs

What type of property is this?
Warehouse - Multi-Tenant Warehouse, Excellent NOI
Where is the warehouse located?
The property is located at 4 Springfield St Palmer, MA.
What are key features of this property?
This property features: 307,800 SF industrial warehouse and manufacturing property.; NNN lease, multi-tenant occupancy.; $281,313 Net Operating Income (NOI).
How can I contact the broker?
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4 Springfield St
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