400 Broad St - R&D FOR SALE


Central Falls, RI 02863
$2,323,447 USD
561-670-3771
400 Broad St, Central Falls, RI for Sale
$2,323,447 USD
R&D - FOR SALE
1/3
null | 6.36% Cap Rate

400 Broad St
Central Falls, RI 02863


HIGHLIGHTS

  • Rent Increases to $162,641 in May of 2025 - 7% CAP on May 1, 2025
  • Recent early 5 Year Extension
  • This Hard Signalized Corner Is the Second Busiest Intersection in Town
  • Densely populated area with over 150K Residents within a 3 Mile Radius and over 40K Residents within a 1 Mile Radius
  • Sees Over 20,000 Vehicles Per Day

OVERVIEW

Exclusive Realty is pleased to present an exceptional opportunity for retail investors in Central Falls, RI. This impressive Dollar General boasts a spacious 11,986 SF building, presenting a prime location for retail business to thrive. Built in 1948 and comprising one unit, this property offers a sought-after combination of historic charm and modern potential. Zoned C-2, it is ideally suited for retail. With a location in the bustling Central Falls area, this property is perfectly positioned to attract a steady flow of customers. Don't miss the chance to invest in a property with such outstanding potential for retail success.

FOR SALE DETAILS

PRICE

$2,323,447 USD

PRICE/SF

$194 USD /SF

CAP RATE

6.36%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.86

LAND SF

37,444

ZONING

C-2

APN/PARCEL ID

CENT-000005-000000-000059

ASK ABOUT THIS PROPERTY

Matthew CroninExclusive RealtyMore Info
561-670-3771

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Matthew CroninExclusive RealtyMore Info
561-670-3771

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