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Dollar General 400 Broad St

11,986 SF Flex Building Central Falls, RI 02863 $2,323,447 ($194/SF) 6.36% Cap Rate

Flex Space Rhode Island Central Falls 400 Broad St, Central Falls, RI 02863

Investment Highlights

  • Rent Increases to $162,641 in May of 2025 - 7% CAP on May 1, 2025
  • This Hard Signalized Corner Is the Second Busiest Intersection in Town
  • Sees Over 20,000 Vehicles Per Day
  • Recent early 5 Year Extension
  • Densely populated area with over 150K Residents within a 3 Mile Radius and over 40K Residents within a 1 Mile Radius

Executive Summary

Exclusive Realty is pleased to present an exceptional opportunity for retail investors in Central Falls, RI. This impressive Dollar General boasts a spacious 11,986 SF building, presenting a prime location for retail business to thrive. Built in 1948 and comprising one unit, this property offers a sought-after combination of historic charm and modern potential. Zoned C-2, it is ideally suited for retail. With a location in the bustling Central Falls area, this property is perfectly positioned to attract a steady flow of customers. Don't miss the chance to invest in a property with such outstanding potential for retail success.

Data Room Click Here to Access

Property Facts

Price $2,323,447 Lot Size 0.86 AC
Price Per SF $194 Rentable Building Area 11,986 SF
Sale Type Investment No. Stories 1
Cap Rate 6.36% Year Built 1948
Property Type Flex Tenancy Single
Property Subtype
R&D
  • General Retail Convenience Store
  • General Retail Storefront
 Parking Ratio 1.86/1,000 SF
Building Class B
Price $2,323,447
Price Per SF $194
Sale Type Investment
Cap Rate 6.36%
Property Type Flex
Property Subtype
R&D
  • General Retail Convenience Store
  • General Retail Storefront
Building Class B
Lot Size 0.86 AC
Rentable Building Area 11,986 SF
No. Stories 1
Year Built 1948
Tenancy Single
Parking Ratio 1.86/1,000 SF

Amenities

  • Bus Line
1 of 1
Walk Score ®
Very Walkable (88)
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.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number CENT-000005-000000-000059 Improvements Assessment $770,900
Land Assessment $322,400 Total Assessment $1,093,300

PROPERTY TAXES

Parcel Number
CENT-000005-000000-000059
Land Assessment
$322,400
Improvements Assessment
$770,900
Total Assessment
$1,093,300

zoning

Zoning Code C-2
C-2
(561) 670-3771

Contacts

  • Listing ID: 33871878

  • Date on Market: 11/14/2024

  • Last Updated:

  • Address: 400 Broad St, Central Falls, RI 02863

More public record information on 400 Broad St, Central Falls, RI 02863

The Flex Property at 400 Broad St, Central Falls, RI 02863 is currently available for sale. Contact Exclusive Realty for more information.

Flex PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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400 Broad St, Central Falls, RI for sale Building Photo- Image 1 of 4
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400 Broad St, Central Falls, RI for sale Building Photo- Image 2 of 4
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Dollar General | 400 Broad St
(561) 670-3771 x

Dollar General | 400 Broad St

1/2

Matthew Cronin

(561) 670-3771

(561) 670-3771

Steve Sagmani

(248) 833-6601

(248) 833-6601

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