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29294501
29294500

400 Broad St, Central Falls, RI 02863

SS
MI MI 6502426558
Exclusive Realty
Listed by Exclusive Realty
$2,243,324
176 days on market
Updated 0 days ago

Dollar General 5 Years 7.25% CAP 10% Bumps

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 11,986
Net Rentable (SqFt) 11,986
Cap Rate 7.25%
NOI $162,641
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN
Lease Term 15.1
Lease Expiration 05/31/2030
Remaining Term 3.9
Rent Bumps Yes
Lease Options 3 (5) Five Year Extention Options
Price per SqFt $187
Broker Co-Op Yes
Class A
Investment Type Institutional
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 04/30/2015
Ground Lease No
Ownership Fee Simple

Retail | 7.25% CAP | 11,986 SqFt

Marketing description

Exclusive Realty is pleased to offer a top 10% Dollar General in the country for retail investors to acquire a high-visibility, high-traffic property in the heart of Central Falls, Rhode Island. This 11,986 SF standalone Dollar General blends historic architecture with modern commercial viability. Ideally located at a hard signalized corner, this property lies at the second busiest intersection in town, ensuring constant exposure and customer traffic.

Investment highlights

  • Top 10% Dollar General in the Country According to AlphaMaps
  • Recent early 5 year extension began 06/01/2025
  • Situated in a densely populated area with:
  • 150,000+ residents within a 3-mile radius
  • 40,000+ residents within a 1-mile radius
  • Over 20,000 vehicles per day pass this corner
  • Walking distance to senior living communities
  • Proximity to national tenants such as Bank of America, CVS, and Wendy’s
  • Long term Tenant - over 10 years at this location

Listing Contacts

SS
MI MI 6502426558
Exclusive Realty
Listed by Exclusive Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$162,641.00
$13,553.42/mo

Valuation Metrics

0
DSCR
7.25%
Cap Rate
7.25%
ROI

Map

Zoning

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C-2 CommercialGeneral CommercialGeneral Commercial
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Last updated Mar 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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