ExchangeRight Net Lease Acquires Retail Property In Fall River, MA For $13.15M

The 71,000 sq. ft. single-tenant retail property located at 501 Rodman Street in Fall River, Massachusetts, has been sold for a price of $13,150,000. The property is currently occupied by a Stop & Shop Supermarket.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $13,150,000
• Address: 501 Rodman Street, Fall River, MA
• Market: Fall River, MA

The buyer of the property is David Fisher, representing ExchangeRight Net Lease. The sellers are Carter Winstanley from Winstanley Enterprises and Edward Silvera from Surrey Equities. The transaction was facilitated by brokers Jordana Rice Roet and Nat Heald from CBRE.

CBRE played a key role in orchestrating the $13.15 million sale of the property to ExchangeRight Net Lease. The 71,000 sq. ft. single-tenant retail property is home to a Stop & Shop Supermarket.