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- LoopNet Team
567 Main Rd
Tiverton, RI 02878
Dollar General - Price Reduced! · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
ABOUT 567 MAIN RD , TIVERTON, RI 02878
Marcus and Millichap is pleased to present this 8,241-square foot freestanding Dollar General in Tiverton, Rhode Island. Tiverton is 25 miles southeast of Providence. Dollar General has more than seven and a half years remaining on a double-net (NN) lease with the tenant responsible for all expenses with the exception of the roof, structure, and parking lot. There are 10 percent rent increases every five years over the base term with the next increase in 2020. The lease features three, five-year renewal options with 10 percent rent increases in each option. The lease is backed with a corporate guaranty from the Dollar General Corporation, which is a Fortune 500 Company that ranked number 139 in June 2016. Dollar General did more than $21-Billion in revenue across 13,000 units in 2016. The subject property is situated on Main Road/Route-138 between Randolph Ave and Robert Gray Ave. Main Road is the primary north-south artery through Tiverton, which sees more than 9,000 vehicles per day. Additionally, Main Road provides direct access to Fall River Expressway/Route-24, which sees more than 38,000 vehicles per day.
PROPERTY TAXES
| Parcel Number | TIVE-000116-000000-000361 | Improvements Assessment | $1,217,100 |
| Land Assessment | $417,000 | Total Assessment | $1,634,100 |
PROPERTY TAXES
