Prime Springfield Industrial Storage Yard

145 Armory Street Springfield, MA 01109

145 Armory Street, Springfield, MA, 01109
145 Armory Street, Springfield, MA, 01109
FOR LEASE
Property Type:
Commercial Land Development
Amount:
Please Call Broker for Price

Last Verified:
Sep 25, 2024

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Description

1.21 acres of outdoor storage available for lease. The property has been recently upgraded and fully fenced, making it ideal for the secure storage of equipment, trucks, or materials. Located less than a mile from Interstate 291, with convenient access to the Massachusetts Turnpike and Interstate 91 for excellent regional connectivity. An on-site office is also available for an additional $1,500 per month, offered in "as-is" condition.

The property is located on Armory Street, minutes from Interstate 291 and the rest of the regional highway system.

Lot Size: 1.21 acres

Units for Lease

145 Armory St Yard
Space Available: 52520 SF
Lease Type: NNN

Price Per Sqft/Month: $8000.00

Map of 145 Armory Street, Springfield, MA, 01109

Presented by:
Jennings Real Estate Services, Inc.

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Kevin Jennings


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.