306 Broad St - Freestanding FOR SALE


Central Falls, RI 02863
$810,000 USD
401-751-3200
306 Broad St, Central Falls, RI for Sale
$810,000 USD
Freestanding - FOR SALE
1/1
null | Request Cap Rate

306 Broad St
Central Falls, RI 02863


HIGHLIGHTS

  • Current NOI $56,684 = 7% Cap
  • Triple Net Lease
  • Sufficient on-site parking

OVERVIEW

For Sale: fully leased 5,144 SF retail strip center with On-The-Go Laundromat and Fiesta Tex-Mex restaurant. The laundromat was recently updated with new flooring, lighting, interior paint, HVAC & duct work. In addition, the restaurant space was recently renovated and is in like-new condition. On-The-Go Laundromat leases the entire building and sub-leases to the restaurant. There are 7 years and 10 months remaining on the 10-year lease and parking for 10 cars.

FOR SALE DETAILS

PRICE

$810,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,411 SF

ZONING

C-1

APN/PARCEL ID

CENT-000005-000000-000002

ASK ABOUT THIS PROPERTY

Dan FeinerMG Commercial Real EstateMore Info
401-751-3200

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Dan FeinerMG Commercial Real EstateMore Info
401-751-3200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.