Bank
Santander Bank (Dark) | Add-Value Opportunity
184 Taunton Ave, East Providence, RI 02914
Listing Price: $940,000
Cap Rate
9.00%
Tenant Name
Santander Bank
Years Remaining On Lease
0.6
Guarantor
Corporate Guarantee
Rentable SF
5,132
Lease Type
Double Net
Rent Per Square Feet
$16.50
Investment Overview
- 5,132 SF building with parking - Located along Taunton Ave - just off Interstate 195 on/off ramp - Newly opened Irving Oil development directly across the street
Listing Price: $940,000
Cap Rate
9.00%
Tenant Name
Santander Bank
Years Remaining On Lease
0.6
Guarantor
Corporate Guarantee
Rentable SF
5,132
Lease Type
Double Net
Rent Per Square Feet
$16.50
Investment Highlights
- Great add-value opportunity
- Rare East Providence re-development & re-tenant potential
- Low, replaceable rent @ $16.00 PSF
Investment Overview
- 5,132 SF building with parking - Located along Taunton Ave - just off Interstate 195 on/off ramp - Newly opened Irving Oil development directly across the street
