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
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