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818-821 Boston Road, Spring...

Retails Asset Sold For $1.37M In Springfield MA By Brokers Danny Griffin & Eric Suffoletto
SOLDRetail

Retails Asset Sold For $1.37M In Springfield MA By Brokers Danny Griffin & Eric Suffoletto

818-821 Boston Road, Springfield, Ma, 01119

$1,370,000

$548/SF

Building Size

2,500 SF

Asset Type

Retail

Closing

Jul 1, 2026

AI

The retail asset located at 818-821 Boston Road in Springfield, MA was sold for $1,370,000. The property has a total square footage of 2,500, resulting in a price per square foot of $548.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,370,000
  • Square Footage: 2,500
  • Price Per Square Foot: $548
  • Address: 818-821 Boston Road
  • Market: Springfield, MA

The transaction was facilitated by brokers Danny Griffin and Eric Suffoletto, who are associated with Atlantic Retail, representing the parties involved in the deal.

Players

Eric Suffoletto

Atlantic Retail

Broker

$98.3M

vol

17 deals

Broker

Springfield Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.58%

Cash-on-Cash

-3.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93