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214 Broadway 4,320 SF Retail Building Pawtucket, RI 02860 $1,050,000 ($243.06/SF) 8.77% Cap Rate
EXECUTIVE SUMMARY
214 Broadway is a 4,320 SF 2-unit retail building situated on a
14,130 SF corner parcel. The property is well maintained and has
excellent curb appeal. There is ample storefront parking and strong
pylon signage. D'Angelo's leases 75% of the building on a NNN
basis. Metro PCS leases the balance of the building on a gross
basis. Both have have been long standing tenants.
14,130 SF corner parcel. The property is well maintained and has
excellent curb appeal. There is ample storefront parking and strong
pylon signage. D'Angelo's leases 75% of the building on a NNN
basis. Metro PCS leases the balance of the building on a gross
basis. Both have have been long standing tenants.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
4,320 SF
Building Class
C
Year Built
1990
Price
$1,050,000
Price Per SF
$243.06
Cap Rate
8.77%
NOI
$92,085
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.60 AC
Zoning
MO
Walk Score®
Very Walkable (85)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | PAWT-000022-000000-000310 | Improvements Assessment | $354,800 |
| Land Assessment | $127,200 | Total Assessment | $482,000 |
PROPERTY TAXES
Parcel Number
PAWT-000022-000000-000310
Land Assessment
$127,200
Improvements Assessment
$354,800
Total Assessment
$482,000
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214 Broadway
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