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96 Cross St - Ground Leased NNN Property For Sale 1.37 Acres of Commercial Land Offered at $1,500,000 in Westerly, RI 02891
Executive Summary
•1.37± Acres of Land
•Highway Commercial Zone
•270± FT of Frontage
•5,476± SF Retail Building
•768± SF Garage
•Two (2) Overhead Doors
Property Facts
| Price | $1,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Ground Lease (Leased Fee) | Total Lot Size | 1.37 AC |
| No. Lots | 1 | ||
| Zoning | HC - Highway Commercial | ||
| Price | $1,500,000 |
| Sale Type | Investment |
| Sale Condition | Ground Lease (Leased Fee) |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.37 AC |
| Zoning | HC - Highway Commercial |
1 Lot Available
Lot 282
| Price | $1,500,000 | Lot Size | 1.37 AC |
| Price Per AC | $1,094,890.51 |
| Price | $1,500,000 |
| Price Per AC | $1,094,890.51 |
| Lot Size | 1.37 AC |
96 Cross Street is within the Granite Street Shopping Center. The property is NNN leased with 10 years remaining in the term. In addition to ground rent, owner collects 30% of gross rents from all property tenants.
Description
Ground Leased NNN Property For Sale 96 Cross Street is within the Granite Street Shopping Center. The property is NNN leased with 10 years remaining in the term. In addition to ground rent, owner collects 30% of gross rents from all property tenants. The property is well suited for redevelopment or additional development upon expiration of the ground lease. •1.37± Acres of Land •Highway Commercial Zone •270± FT of Frontage •5,476± SF Retail Building •768± SF Garage •Two (2) Overhead Doors
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96 Cross St - Ground Leased NNN Property For Sale
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