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306 Broad Street
Central Falls, RI 02863
Asking Price
$810K
Cap Rate
7%
Asset Type
Shopping Center Retail
Class
Class B
What's Special
306 Broad Street, Central Falls, RI 02863 <ul><li>Current NOI $56,684 = 7% Cap</li><li>Average NOI $65,586 = 8.1% Cap (throughout the initial term)</li><li>Healthy yearly increases that average 3.8% throughout the term</li><li>Triple Net Lease</li><li>Sufficient on-site parking</li><li>Corner lot at Nickerson and Broad Street</li></ul>
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NOI
$80,000
Cap Rate
9.88%
DSCR
1.66
Strong
Cash-on-Cash
13.13%
Monthly Payment
$4,007.438
Annual Cash Flow
$31,910.743