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35 Dowling Village Blvd
North Smithfield, RI 02896
Kohl's · Retail Property For Sale
PROPERTY FACTS
ABOUT 35 DOWLING VILLAGE BLVD , NORTH SMITHFIELD, RI 02896
Quality, long-term investment: This 21-year Ground lease features a rental increase starting in Year 11 of the Base Term as well as structured 10 percent rental increases in each of the eight options to extend. The site can handle future expansion and development due to the large lot size of more than six acres (the site was originally approved for an 85,000 square foot building with improvements). The tenant is responsible for 100 percent of the lot CAM real estate taxes and insurance. New omni-channel prototype: The 35,000 square foot store utilizes the latest Kohl's prototype, which blends the retail and online shopping experience. This omni-channel concept is a newer style of retail that aims to complement the physical business with online sales.
PROPERTY TAXES
| Parcel Number | NSMI-000021-000000-000404 | Improvements Assessment | $2,195,300 |
| Land Assessment | $1,605,300 | Total Assessment | $3,800,600 |
PROPERTY TAXES
