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700 Central Ave

9,975 SF Retail Building Pawtucket, RI 02861 £1,253,379 (£125.65/SF) 5.83% Net Initial Yield

EXECUTIVE SUMMARY

Strong performing, stand alone Dollar Tree located in densely populated Pawtucket, Rhode Island. Double Net lease structure. Tenant has extended Term twice. Below market rents.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,975 SF
Building Class
C
Year Built
1940
Price
£1,253,379
Price Per SF
£125.65
Net Initial Yield
5.83%
NOI
£73,091
Tenancy
Single
Number of Floors
1
Loading Docks
1 Exterior
Building FAR
0.26
Lot Size
0.87 AC
Zoning
CL - Commercial
Parking
65 Spaces (6.52 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Route
  • Signage
Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Citizens Bank
Stop & Shop Gasoline
TD Bank
Olive Garden
Chase
Planet Fitness
Market Basket

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
PAWT-000010-000000-000900
Land Assessment
£112,941
Improvements Assessment
£391,663
Total Assessment
£504,604
  • Listing ID: 27353580

  • Date on Market: 20/12/2022

  • Last Updated:

  • Address: 700 Central Ave, Pawtucket, RI 02861

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