ASKING PRICE: $2,000,000
CAP RATE: 5.5%
- PRIME RETAIL — Within Dowling Village premier power center (600K SF, mixed-use development) anchored by Lowe’s, Walmart Supercenter, ALDI Supermarket & Kohl’s (opening Fall 2017) — North Smithfield’s largest site for commercial development (trade area of nearly 190K people) featuring cross easements with box tenants & added development potential.
- EXCELLENT LOCATION — 20 minutes from Providence (1.7M+ people) & less than 1 hour from Boston; I-295 runs just south of the town with direct access from nearby North Smithfield Expressway.
- SUCCESSFUL, RECOGNIZED TENANT — Buffalo Wild Wings has 1,190+ restaurants around the world and has won dozens of “Best Wings” and “Best Sports Bar” awards across the country.
- QUALITY INVESTMENT — No landlord responsibilities and fixed 10% rental increases every 5 years throughout base term and options.
- LARGE, DENSE WORKFORCE TRADE AREA — Over 95,000 people, with an average household income of $73K+, within five miles of the property.
- There are no features available