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Dollar General 400 Broad St 11,986 SF Flex Building Central Falls, RI 02863 $2,243,324 ($187.16/SF) 7.25% Cap Rate
Investment Highlights
- Recent early 5 Year Extension began 06/01/2025
- Sees Over 20,000 Vehicles Per Day
- Long-Term Tenant – Over 10 years at this location
- Minimal Competition – Limited nearby discount retailers
Executive Summary
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.
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Property Facts
| Price | $2,243,324 | Lot Size | 0.86 AC |
| Price Per SF | $187.16 | Rentable Building Area | 11,986 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.25% | Year Built | 1948 |
| Property Type | Flex | Tenancy | Single |
| Property Subtype | Flex Research & Development | Parking Ratio | 1.86/1,000 SF |
| Building Class | B | ||
| Zoning | C-2 - Commercial | ||
| Price | $2,243,324 |
| Price Per SF | $187.16 |
| Sale Type | Investment |
| Cap Rate | 7.25% |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | B |
| Lot Size | 0.86 AC |
| Rentable Building Area | 11,986 SF |
| No. Stories | 1 |
| Year Built | 1948 |
| Tenancy | Single |
| Parking Ratio | 1.86/1,000 SF |
| Zoning | C-2 - Commercial |
Amenities
- Bus Line
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | CENT-000005-000000-000059 | Improvements Assessment | $910,300 |
| Land Assessment | $413,000 | Total Assessment | $1,323,300 |
Property Taxes
Parcel Number
CENT-000005-000000-000059
Land Assessment
$413,000
Improvements Assessment
$910,300
Total Assessment
$1,323,300
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Dollar General | 400 Broad St
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