751 FALL RIVER AVE Seekonk MA 02771-5627

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a retail plaza located at 751-757 Fall River Avenue in Seekonk, Massachusetts (the “Property”). The Property is a two-building retail plaza that contains 7,850 square feet on a 1.33-acre parcel. The Property is 100% leased to seven tenants. The majority of the tenants have scheduled rent increases in their base term. The retail plaza is improved by a complimentary mix of local tenants offering products and services for the surrounding community.

The retail plaza is situated along Fall River Avenue and is 0.7-miles from US Route 6, the areas primary retail corridor. 751-757 Fall River Avenue is also just 0.3-miles from Interstate 195. The property enjoys outstanding frontage and visibility along Fall River Avenue and is surrounded by national retailers, including the Walmart, Target, Stop & Shop, BJ’s. Lowe’s Home Depot and Kohl’s.

DIVERSE TENANT MIX:

The retail plaza benefits from a diverse mix of local tenants that provide a variety of goods and services to the surrounding community.

SCHEDULED RENT INCREASES:

A majority of the tenants at 751-757 Fall River Avenue have scheduled rent increases in their primary lease term providing a steady increase in income and an attractive hedge against inflation.

STRATEGIC LOCATION:

The Property enjoys outstanding frontage and visibility along Fall River Avenue and is 0.7-miles from US Route 6, the areas primary retail corridor. The Property is also just 0.3-miles from Interstate 195. Seekonk is bordered to the west by the densely populated city of East Providence and is 7-miles from downtown Providence, RI.

TRADE AREA:

Additional retailers driving traffic to the area include Walmart, Target, Stop & Shop, Kohl’s, BJ’s Wholesale Club, At Home, Best Buy, TJ Maxx, Home Goods, Showcase Cinema, At Home, Lowe’s, Home Depot, Michael’s, Dick’s Sporting Goods, Big Lots, Hobby Lobby, Chili’s, Longhorn, TGI Friday’s, Chick-fil-A, McDonald’s, Burger King, Wendy’s, Taco Bell, Starbucks, Panera Bread and Dunkin’.

OUTSTANDING DEMOGRAPHICS:

51,400+ people live within 3-miles of the Property. An impressive 203,700+ people live within 5-miles of the Property with an average household income of $91,294. Additionally, there are more than 142,400 employees within 5-miles of the property.

STRONG TRAFFIC COUNTS:

More than 14,300 vehicles pass by the property along Fall River Avenue each day