96 Taunton Ave - Retail FOR SALE


Seekonk, MA 02771
$4,200,000 USD
978-866-0855
96 Taunton Ave, Seekonk, MA for Sale
$4,200,000 USD
Retail - FOR SALE
1/5
null | 6.5% Cap Rate

96 Taunton Ave
Seekonk, MA 02771


HIGHLIGHTS

  • STABILIZED TWO-TENANT BOX
  • DENSE & AFFLUENT RETAIL TRADE AREA
  • BALANCED RISK PROFILE
  • MINUTES FROM DOWNTOWN PROVIDENCE, RI
  • HIGH-VISIBILITY LOCATION WITH REGIONAL ACCESS
  • BUILT-IN RENT GROWTH & CASH FLOW STABILITY

OVERVIEW

Atlantic Capital Partners is pleased to present the exclusive offering of 96 Taunton Avenue, a stabilized, two-tenant retail asset located in Seekonk, Massachusetts. The property consists of a 19,116 SF building and is 100% leased to ACE Hardware and Dollar General through May 2029 and April 2029, respectively. Situated 5 miles east of Providence, Rhode Island, the asset offers strong exposure along Taunton Avenue (Route 44), a primary east-west arterial with over 20,000 vehicles per day and direct connectivity to I-95 and Route 6. The location benefits from established retail co-tenancy and serves a dense trade area of over 218,000 residents with an average household income exceeding $85,000 within a five-mile radius. 96 Taunton Avenue is being offered free and clear of existing debt, with a formal asking price of $4,200,000.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$209 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

96 Taunton Ave | Seekonk, MA

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

122

LAND DETAILS

LAND ACRES

2.56 AC

LAND SF

111,514 SF

ZONING

Commercial

APN/PARCEL ID

SEEK-000200-000000-005870

ASK ABOUT THIS PROPERTY

Danielle TurpinAtlantic Capital PartnersMore Info
978-866-0855

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Danielle TurpinAtlantic Capital PartnersMore Info
978-866-0855

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