The Property

Calling All investors! Do not miss your chance to own a great income producing commercial property. The building has been family owned for almost 40 years and the current tenant (Lil General Convenience Store) has occupied the property for over 30 Years. The lease is triple net with no operating expenses. The lease has 3 1/2 years remaining with a 5 year option to renew.

Clause built into the lease allows for a 4% annual increase. Current monthly rent yields $3,935.00.

The building is 2,400 sq. ft. and sits on a .25 acre corner lot. 4000 sq. ft. is paved for 16 parking spots. The building is a staple of the neighborhood and has an excellent location on busy Central Ave.

This property will not last.

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550 Central Avenue Pawtucket

The Property

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550 Central Avenue Pawtucket

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550 Central AV

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