3001 E Main Rd - Storefront Retail/Office FOR SALE


Portsmouth, RI 02871
$7,000,000 USD
401-324-0048
3001 E Main Rd, Portsmouth, RI for Sale
$7,000,000 USD
Storefront Retail/Office - FOR SALE
1/22
null | Request Cap Rate

3001 E Main Rd
Portsmouth, RI 02871


HIGHLIGHTS

  • Heavy Traffic
  • Long Term Tenants

OVERVIEW

Rare investment opportunity in Portsmouth, RI: A thriving commercial shopping plaza featuring 18 retail units,1 storage unit, with only one vacancy. This high-traffic location boasts a diverse tenant mix, including renowned brands like Dunkin' Donuts, H&R Block, and Edward Jones, alongside local favorites such as a liquor store, physical therapy practice, and multiple food establishments. All tenants operate under triple net leases, ensuring stable, low-maintenance income for the investor. With its prime location and strong occupancy rate, this plaza offers a rare chance to acquire a well-established commercial property in a bustling area. Don't miss this infrequent opportunity to add a lucrative, multi-tenant asset to your portfolio.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$242 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Portsmouth Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

162

LAND DETAILS

LAND ACRES

3.05 AC

LAND SF

132,858 SF

ZONING

C

APN/PARCEL ID

PORT-000031-000000-000075

ASK ABOUT THIS PROPERTY

Molly KirbyKirby & KirbyMore Info
401-324-0048

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Molly KirbyKirby & KirbyMore Info
401-324-0048

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