700 Central Ave
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700 Central Ave
9,687 SF Retail Building Pawtucket, RI 02861 $1,625,000 ($168/SF) 5.83% Cap Rate
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
Building Size
9,687 SF
Building Class
C
Year Built
1940
Price
$1,625,000
Price Per SF
$168
Cap Rate
5.83%
NOI
$94,763
Tenancy
Single
Building Height
1 Story
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 Line
- Signage
Walk Score ®
Very Walkable (75)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | PAWT-000010-000000-000900 | Improvements Assessment | $507,000 |
Land Assessment | $146,200 | Total Assessment | $653,200 |
PROPERTY TAXES
Parcel Number
PAWT-000010-000000-000900
Land Assessment
$146,200
Improvements Assessment
$507,000
Total Assessment
$653,200
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700 Central Ave
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