Description
High-performing, single-tenant NNN retail investment in a dominant Mineral Springs Avenue retail
corridor. This freestanding 2,410 SF asset sits on 0.29 acres with dedicated parking and drive-thru,
delivering strong long-term retail functionality and consistent consumer traffic. Tenant has
successfully operated at this location since 2005 with approximately seven (7) years remaining on a
triple net lease, providing secure, predictable income with minimal landlord responsibilities. Located
in a dense trade area with traffic counts exceeding 22,000 vehicles per day and strong national
retail synergy. Offered at a 5.25% cap rate with solid in-place NOI. Fee simple ownership (land and
building). Ideal for 1031 exchange buyers and investors seeking durable cash flow, proven tenancy,
and long-term stability in a supply-constrained Rhode Island market.
Location
Listed By
Similar Listings
2 Beds
1 Baths
861 Sq ft
$280,000
MLS# 73501366
ACTIVE
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © State-Wide Multiple Listing Service. All rights reserved.
Listing Office: Keller Williams South Watuppa
Attribution contact: 508-441-1186
