1140 N Main St | Providence, RI 02904
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1140 N Main St
Providence, RI 02904
Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Stabilized Investment Opportunity; Leased to Walgreens with a corporate guarantee featuring zero landlord responsibilities with 7.5 years remaining
- Rare Double Drive-Thru; Property features double drive-thru lanes, enhancing store and pharmacy performance
- Strong Demographics; Asset is located within a middle-class area with over 222,843 residents and an average hh income of $96,300 within 3 miles
- Easily Accessible Site; 3 points of Ingress/Egress from Main, Frost, and Nashua Streets and providing excellent visibility
- Less than a mile from The Miriam Hospital, a 247 licensed bed, teaching hospital with more than 800 physicians ranking first in the state
- Neighboring Retail Tenants; Surrounded by tenants such as; Walmart, Home Depot, Stop & Shop, LA Fitness, Dollar Tree, Pep Boys, Dunkin’, and more
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,191 SF
Building Class
A
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
1.16 AC
Zoning
C1 - Neighborhood Commercial
Parking
58 Spaces (4.09 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | PROV-750296-000000-000000 | Improvements Assessment | $2,937,300 |
| Land Assessment | $1,725,300 | Total Assessment | $4,662,600 |
PROPERTY TAXES
Parcel Number
PROV-750296-000000-000000
Land Assessment
$1,725,300
Improvements Assessment
$2,937,300
Total Assessment
$4,662,600
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