914-220-9758
623 Atwells Ave, Providence, RI for Sale
Supermarket - FOR SALE
1/1
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623 Atwells Ave
Providence, RI 02909
Valley


HIGHLIGHTS

  • Absolute NNN Lease
  • Shaw's is a Subsidiary of Albertsons, Inc.
  • Strong Guarantee on Shaw's Lease: J. Sainsbury PLC
  • Strong Sales

OVERVIEW

The subject property is a 64,392-square-foot building located just west of downtown Providence in Rhode Island. The lease is with Shaw’s Supermarket, Inc, guaranteed by J. Sainsbury PLC and subleased to Wakefern Food Corp.,dba Price Rite Supermarket. The original term of the lease expires on May 31,2028, at which time it is expected that Price Rite will negotiate a lease for this location.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shaw's Supermarket / Price Rite Sublease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

224

LAND DETAILS

LAND ACRES

4.87 AC

LAND SF

212,137 SF

ZONING

B2

APN/PARCEL ID

PROV-650978-000000-000001

ASK ABOUT THIS PROPERTY

Joseph FrenchMarcus & MillichapMore Info
914-220-9758

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Joseph FrenchMarcus & MillichapMore Info
914-220-9758

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