FOR SALE: Single Tenant Net Leased Investment Property
SALE PRICE: $2,555,000
FOR SALE: Single Tenant Net Leased Investment Property
SALE PRICE: $2,555,000
107 First Avenue, Chicopee, MA
Features
- 40,000 sf industrial facility on 2.92 acres
- NNN leased with 8+ years remaining to Hoppe Technologies, Inc.
- 3% annual increases, minimal landlord responsibilities
- Many recent tenant capital improvements and upgrades
- 100% HVAC, heavy power, loading dock and drive-in access
Site Information
- Incredible regional highway access at the intersection of I-90 MA Turnpike & I-291
- 2.92 acre Industrial zoned site
- Large paved employee parking area
PROPERTY OVERVIEW
The property consists of an approximate 40,000 square foot building that is net leased with approximately 8+ years remaining to Hoppe Technologies, a division of Precinmac Precision Machining. Hoppe Technologies has evolved from a small precision manufacturing company to an ISO 9001:2008 and EN/JISQ/AS9100:2009 certified diverse, thriving organization that serves a broad range of industries; from defense contracts and medical companies to commercial clients and optics manufacturers. Hoppe Technologies runs a 24-hour, 7-day-a-week facility that boasts lights-out production capability thanks to their perpetual capital reinvestment. Hoppe Technologies has evolved into a single-source solution for close tolerance fabrication, machining & finishing of alloy, specialty alloy and composite materials. They collaborate with their customers in Design-for-Manufacturing events to lower cost, shorten lead times, increase predictability and provide on-time inventories. The property is located at the Crossroads of New England and benefits from excellent highway access at the intersection of the Massachusetts Turnpike Exit 6 and Interstate 291.
Contact Kevin Jennings or Jonathan Little 413.731.7770
