Skip to main content

Grocery Store

STNL Shaw's Supermarket (Price Rite Sublease)

325 Valley St, Providence, RI 02908

Listing Price: Request For Offer

Tenant Name
Price Rite Marketplace
Years Remaining On Lease
2.9
Gross SF
64,392
Guarantor
Corporate Guarantee
Rentable SF
64,392
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$23.14

Investment Overview

Price Rite is a ±64,392-square-foot, single-tenant grocery asset located at the convergence of Providence's Federal Hill and Olneyville neighborhoods-two of the city's most demographically dense and economically active areas. Leased to Shaw's Supermarkets, Inc., with operations sublet to Price Rite, the property offers stable, in-place triple-net income with strong operational performance and no landlord responsibilities.

Investment Highlights

  • Dual-Layered Lease Structure with Grocery Anchor Stability
  • Minimal Co-Forward Capital Expenditure
  • Strong Operating Performance Supports Future Lease-Up or Renewal

Exclusively Listed By

  • Joseph French Jr.

    Licensed Associate Real Estate Broker

    (914) 220-9740

    Email Joseph

    License(s): PA: AB067393, NY: 10301207036, CT: REB.0239741, NJ: 9210310

    Westchester

  • Kodi Traver

    Licensed Real Estate Salesperson

    (914) 220-9758

    Email Kodi

    License(s): NY: 10401335618

    Westchester

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s) RI: REB.0019374

    Rhode Island

Financing By

Grocery Store

STNL Shaw's Supermarket (Price Rite Sublease)

Listing Price: Request For Offer

Tenant Name
Price Rite Marketplace
Years Remaining On Lease
2.9
Gross SF
64,392
Guarantor
Corporate Guarantee
Rentable SF
64,392
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$23.14

Investment Highlights

  • Dual-Layered Lease Structure with Grocery Anchor Stability
  • Minimal Co-Forward Capital Expenditure
  • Strong Operating Performance Supports Future Lease-Up or Renewal

Investment Overview

Price Rite is a ±64,392-square-foot, single-tenant grocery asset located at the convergence of Providence's Federal Hill and Olneyville neighborhoods-two of the city's most demographically dense and economically active areas. Leased to Shaw's Supermarkets, Inc., with operations sublet to Price Rite, the property offers stable, in-place triple-net income with strong operational performance and no landlord responsibilities.

Exclusively Listed By

  • Joseph French Jr.

    Licensed Associate Real Estate Broker

    (914) 220-9740

    Email Joseph

    License(s): PA: AB067393, NY: 10301207036, CT: REB.0239741, NJ: 9210310

    Westchester

  • Kodi Traver

    Licensed Real Estate Salesperson

    (914) 220-9758

    Email Kodi

    License(s): NY: 10401335618

    Westchester

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s): RI: REB.0019374

    Rhode Island

Financing By

MM Texture Background
MM Textured Background Lower