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96 Taunton Ave
Seekonk, MA 02771
96 Taunton Ave | Seekonk, MA · Retail Property For Sale
Investment Highlights
- STABILIZED TWO-TENANT BOX
- BALANCED RISK PROFILE
- HIGH-VISIBILITY LOCATION WITH REGIONAL ACCESS
- DENSE & AFFLUENT RETAIL TRADE AREA
- MINUTES FROM DOWNTOWN PROVIDENCE, RI
- BUILT-IN RENT GROWTH & CASH FLOW STABILITY
Executive Summary
Atlantic Capital Partners is pleased to present the exclusive offering of 96 Taunton Avenue, a stabilized, two-tenant retail asset located in Seekonk, Massachusetts. The property consists of a 19,116 SF building and is 100% leased to ACE Hardware and Dollar General through May 2029 and April 2029, respectively.
Situated 5 miles east of Providence, Rhode Island, the asset offers strong exposure along Taunton Avenue (Route 44), a primary east-west arterial with over 20,000 vehicles per day and direct connectivity to I-95 and Route 6. The location benefits from established retail co-tenancy and serves a dense trade area of over 218,000 residents with an average household income exceeding $85,000 within a five-mile radius.
96 Taunton Avenue is being offered free and clear of existing debt, with a formal asking price of $4,200,000.
Situated 5 miles east of Providence, Rhode Island, the asset offers strong exposure along Taunton Avenue (Route 44), a primary east-west arterial with over 20,000 vehicles per day and direct connectivity to I-95 and Route 6. The location benefits from established retail co-tenancy and serves a dense trade area of over 218,000 residents with an average household income exceeding $85,000 within a five-mile radius.
96 Taunton Avenue is being offered free and clear of existing debt, with a formal asking price of $4,200,000.
Property Facts
Sale Type
Investment
Property Type
Building Size
19,116 SF
Building Class
B
Year Built
1980
Price
$4,200,000
Price Per SF
$219.71
Cap Rate
6.50%
NOI
$273,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.17
Lot Size
2.56 AC
Zoning
Commercial
Parking
122 Spaces (6.38 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | SEEK-000200-000000-005870 | Improvements Assessment | $933,900 |
| Land Assessment | $558,700 | Total Assessment | $1,492,600 |
Property Taxes
Parcel Number
SEEK-000200-000000-005870
Land Assessment
$558,700
Improvements Assessment
$933,900
Total Assessment
$1,492,600
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