FOR SALE: MULTI-TENANT RETAIL STRIP CENTER

SALE PRICE: $1,150,000

FOR SALE: MULTI-TENANT RETAIL STRIP CENTER

SALE PRICE: $1,150,000

1875 Memorial Drive, Chicopee, MA

Features

  • 7,360 sf retail strip center
  • Four units – convenience store, pizza shop, nail salon, barber shop
  • Below market rents – potential upside

Site Information

  • Major retail corridor
  • .48 acre site minutes to I-90

PROPERTY OVERVIEW

Chicopee retail strip center for sale for the first time in decades. The four unit retail building features a convenience store, a pizza shop, a barber and a nail salon. Many of the tenants have been in place for years. Memorial Drive is a major commercial roadway and the traffic counts on that section of the street are more than 16,000 cars per day. Below market rents and some tenants intentionally kept on month to month leases allow for upside for new Ownership to continue as an investment property or to allow for some flexibility for a new business to move in.


Contact Kevin Jennings or Jonathan Little 413.731.7770

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