Updated Jul 23, 2026
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
About this deal
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.
On the Map
$1,370,000
$548/SF
Retail
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Players
Springfield Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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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