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Liberty Square - Hard Corner Springfield Retail Location

165 LIBERTY STREEET


Springfield, MA 01103

Presented By:
Kevin Jennings
413.731.7770 73 Chestnut Street Springfield, MA 01103
kevin@jennings-re.com JENNINGS-RE.COM
LIBERTY SQUARE - HARD CORNER SPRINGFIELD RETAIL LOCATION
165 Liberty Streeet Springfield, MA 01103
Executive Summary

OFFERING SUMMARY PROPERTY OVERVIEW


Available Existing SF: 11,040 SF Available for the first time in 40 years, the subject property consists of a 1.49 acre site
improved with an existing 11,040 square foot building at a signalized intersection in
Potential Development: 20,000 SF
downtown Springfield. Benefit from Springfield's on going revitalization with the
Lot Size: 1.49 Acres completion of MGM Springfield's $950 million resort casino, Union Station's $75 million
Use: Retail Intermodal Transportation Center, and an approximate surge in the 1 mile daytime
population to over 100,000 employees and visitors. Well located just off I-91 and I-291 the
Availability: Ground Lease, Build to Suit subject property offers numerous development scenarios accommodating build to suit,
or Existing Retrofit ground lease, and existing building redevelopment requirements.
Zoning: Business B & Industrial A
PROPERTY HIGHLIGHTS
Traffic Counts: Liberty & Chestnut
+/- 22,000 VPD • 1.49 acre hard corner at signalized intersection in Downtown Springfield
• Excellent visibility and redevelopment potential
Interstate 91 • Daytime population surge to over 100,000 within 1 mile
+/- 110,000 VPD
• Transit oriented destination

Interstate 291 • Daytime population surge to over 100,000 within 1 mile


+/- 78,000 VPD

Presented By:
Kevin Jennings
413.731.7770 73 Chestnut Street Springfield, MA 01103
kevin@jennings-re.com jennings-re.com
The information herein is from sources deemed reliable but no warranty of representation is made to the accuracy thereof. Offering is subject to errors and omissions as well as prior sale, change or withdrawal without notice.
LIBERTY SQUARE - HARD CORNER SPRINGFIELD RETAIL LOCATION
165 Liberty Streeet Springfield, MA 01103
Hard Corner at Signalized Intersection

Presented By:
Kevin Jennings
413.731.7770 73 Chestnut Street Springfield, MA 01103
kevin@jennings-re.com jennings-re.com
The information herein is from sources deemed reliable but no warranty of representation is made to the accuracy thereof. Offering is subject to errors and omissions as well as prior sale, change or withdrawal without notice.
LIBERTY SQUARE - HARD CORNER SPRINGFIELD RETAIL LOCATION
165 Liberty Streeet Springfield, MA 01103
Major Adjacent Employment Base

Presented By:
Kevin Jennings
413.731.7770 73 Chestnut Street Springfield, MA 01103
kevin@jennings-re.com jennings-re.com
The information herein is from sources deemed reliable but no warranty of representation is made to the accuracy thereof. Offering is subject to errors and omissions as well as prior sale, change or withdrawal without notice.
LIBERTY SQUARE - HARD CORNER SPRINGFIELD RETAIL LOCATION
165 Liberty Streeet Springfield, MA 01103
Location Maps

Presented By:
Kevin Jennings
413.731.7770 73 Chestnut Street Springfield, MA 01103
kevin@jennings-re.com jennings-re.com
The information herein is from sources deemed reliable but no warranty of representation is made to the accuracy thereof. Offering is subject to errors and omissions as well as prior sale, change or withdrawal without notice.
LIBERTY SQUARE - HARD CORNER SPRINGFIELD RETAIL LOCATION
165 Liberty Streeet Springfield, MA 01103
Demographics Map

POPULATION 1 MILE 5 MILES 10 MILES


Total population 19,883 268,276 569,120
Median age 30.9 35.0 37.4
Median age (Male) 31.0 33.7 35.5
Median age (Female) 31.7 36.3 39.0

HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES


Total households 8,781 102,970 218,323
# of persons per HH 2.3 2.6 2.6
Average HH income $28,832 $52,761 $61,220
Average house value $161,892 $215,629 $239,000

ETHNICITY (%) 1 MILE 5 MILES 10 MILES


Hispanic 58.7% 28.0% 21.8%

RACE (%)
White 45.0% 64.0% 75.2%
Black 18.3% 14.6% 10.0%
Asian 1.3% 2.4% 2.1%
Hawaiian 0.0% 0.0% 0.0%
American Indian 0.0% 0.3% 0.3%
Other 30.5% 15.9% 10.1%
* Demographic data derived from 2010 US Census

Presented By:
Kevin Jennings
413.731.7770 73 Chestnut Street Springfield, MA 01103
kevin@jennings-re.com jennings-re.com
The information herein is from sources deemed reliable but no warranty of representation is made to the accuracy thereof. Offering is subject to errors and omissions as well as prior sale, change or withdrawal without notice.
LIBERTY SQUARE - HARD CORNER SPRINGFIELD RETAIL LOCATION
165 Liberty Streeet Springfield, MA 01103
Demographics Report

1 MILE 5 MILES 10 MILES


Total population 19,883 268,276 569,120

Median age 30.9 35.0 37.4

Median age (Male) 31.0 33.7 35.5

Median age (Female) 31.7 36.3 39.0

1 MILE 5 MILES 10 MILES


Total households 8,781 102,970 218,323

Total persons per HH 2.3 2.6 2.6

Average HH income $28,832 $52,761 $61,220

Average house value $161,892 $215,629 $239,000

* Demographic data derived from 2010 US Census

Presented By:
Kevin Jennings
413.731.7770 73 Chestnut Street Springfield, MA 01103
kevin@jennings-re.com jennings-re.com
The information herein is from sources deemed reliable but no warranty of representation is made to the accuracy thereof. Offering is subject to errors and omissions as well as prior sale, change or withdrawal without notice.
73 Chestnut Street Springfield, MA 01103
jennings-re.com