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, long-term leases. The property also features a 2,350 SF freestanding Popeyes on a long-term 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.

Holyoke Landing is being offered free and clear of existing debt and with an asking price of $7,200,000, or a 6.85% cap rate.