Skip to main content

Miscellaneous

Family Dollar (Walgreens Guarantee)

570 Pontiac Ave, Cranston, RI 02910

Listing Price: $3,100,000

Cap Rate
7.51%
Tenant Name
Walgreens
Years Remaining On Lease
4.8
Guarantor
Corporate Guarantee
Rentable SF
14,700
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$15.84

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for the Family Dollar & vacant lot located at 570 Pontiac Avenue in Cranston, RI.

Investment Highlights

  • Walgreens Guarantee | Subleased to Family Dollar
  • Offering Includes 6,225 SF of Vacant Shop Space that is Upside to a Future Owner | Low Vacancy Corridor
  • Located Immediately in Front of a High Performing Dave's Fresh Marketplace | Dave's Pays the Landlord $21,000 Per Year to Accommodate for the Additional Parking Needed by this High Performing Site

Exclusively Listed By

Broker of Record

  • John Horowitz

    First Vice President / District Manager

    (718) 475-4360

    License(s) RI: REC.0018863

    Rhode Island

Financing By

Miscellaneous

Family Dollar (Walgreens Guarantee)

Listing Price: $3,100,000

Cap Rate
7.51%
Tenant Name
Walgreens
Years Remaining On Lease
4.8
Guarantor
Corporate Guarantee
Rentable SF
14,700
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$15.84

Investment Highlights

  • Walgreens Guarantee | Subleased to Family Dollar
  • Offering Includes 6,225 SF of Vacant Shop Space that is Upside to a Future Owner | Low Vacancy Corridor
  • Located Immediately in Front of a High Performing Dave's Fresh Marketplace | Dave's Pays the Landlord $21,000 Per Year to Accommodate for the Additional Parking Needed by this High Performing Site

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for the Family Dollar & vacant lot located at 570 Pontiac Avenue in Cranston, RI.

Exclusively Listed By

Broker of Record

  • John Horowitz

    First Vice President / District Manager

    (718) 475-4360

    License(s): RI: REC.0018863

    Rhode Island

Financing By

MM Texture Background
MM Textured Background Lower