Property History
FleetPride: A Highly Reputable, B- Rated Industrial Tenant With Over 300 Locations Across the U.S.
Mission-Critical Location: FleetPride Has Operated at This Site for Over 20 Years and Recently Committed to a 10-Year Lease Extension, Proving the Tenant’s Commitment to the Site
Prime Location: Strategically Positioned Off the Intersection of I-91 Freeway and the I-57 Highway with Combined Traffic Counts Exceeding 145,000 Cars Per Day
High Credit Tenant
Strong Corporate Guarantee: Backed by a Tenant with Over $6 Billion in Annual Revenue
Market Leadership: FleetPride Is the Largest U.S. Distributor of Heavy-Duty Truck and Trailer Parts and Services
Mission Critical Location: FleetPride Service Center with 12 Truck Bays to Perform Maintenance on Heavy Duty Trucks
Fair Market Value Renewals: Lease Renewal Options are at Fair Market Value, Providing a Great Hedge Against Inflation
E-Commerce & Recession-Resilient: FleetPride's Business Model Is Well-Suited to Thrive in Various Economic Condition
Strong Real Estate Fundamentals
Highly Desirable IOS Site: The Property Boasts a Large 2.91-Acre Lot, a Key Feature in Today’s Market
Long-Term Occupancy: FleetPride Has Consistently Renewed Its Lease and Operated Successfully at This Location Since 2005
Excellent Condition: Both Tenant and Landlord Have Invested in Significant Capital Improvements, Maintaining the Property in Top Condition
Investor-Friendly: This NN Industrial Property Offers Minimal Landlord Responsibilities, Ideal for Investors Who Are Not Local to the Market
Located in a Dense Industrial Area with other National Brands such as Pepsi Bottling Group, FedEx Ground, Amazon, Old Dominion Freight, Thermo King, H&E Equipment Services, ABF Freight, Motion Industries, Epiroc, Culligan, and Many More within Close Proximity to the Subject Property
Pride of Ownership Springfield, MA
High Density Population: Over 223,000 Residents within 5 Miles
Strong Daytime Workforce: Over 237,000 Daytime Employees within 5 Miles
Affluent Population: Average Household Income Exceeds $84,000 within 5 Miles
Broker of Record: Thomas Shihadeh – License: #1000485
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
Contacts
Map
Comparable Properties
Does any data look off? Help us improve Crexi by offering your feedback!

