Holyoke Landing
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Holyoke Landing
2 Retail Properties Offered at £5,665,320 in Holyoke, MA
Executive Summary
Atlantic Capital Partners has been exclusively engaged to market for sale Holyoke Landing, a newly constructed retail strip center and freestanding NNN outparcel located in Holyoke, MA. Built in 2022 and sitting atop 1.96 AC, the Offering consists of a 6,660 SF three-tenant strip center leased to Starbucks, Sleep Number, and Milan Laser, on new, longterm leases. The property also features a 2,350 SF freestanding Popeyes on a longterm 15-year NNN ground lease, and 12 Tesla supercharger spaces providing additional passive income on the property on a new 10-year lease with 3% annual increases. The property sits at the entrance to the Holyoke Mall, the second largest mall in New England, and which sees nearly 10 million visitors annually, and draws from a huge consumer base with highway access.
Property Facts
| Price | £5,665,320 | Status | Active |
| Price / SF | £628.78 / SF | Number of Properties | 2 |
| Net Initial Yield | 6.85% | Individually For Sale | 0 |
| Sale Type | Investment NNN | Total Building Size | 9,010 SF |
| Price | £5,665,320 |
| Price / SF | £628.78 / SF |
| Net Initial Yield | 6.85% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 9,010 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 54 Holyoke St, Holyoke, MA 01040 | Retail | 2,350 SF | 2022 | - |
| 40-44 Holyoke St, Holyoke, MA 01040 | Retail | 6,660 SF | 2022 | - |
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