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1703 Mineral Springs Avenue
SOLD

Horvath & Tremblay Facilitate Sale Of Lowe's Home Improvement Property In North Providence For $15.3M

1703 Mineral Springs Avenue

Retail
125,400 SF
clock iconSold 330 days ago
Todd Tremblay
Robert (Bob) Horvath
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Summary

Sale
RHODE ISLAND
Retail
125,400 sqft

A Lowe's Home Improvement property located at 1703 Mineral Springs Avenue in North Providence, RI has been successfully sold for a price of $15.3 million. The property spans over 11.1 acres and is categorized as a retail asset. With a total square footage of 125,400, the property was sold at a rate of $122 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $15,300,000
  • Address: 1703 Mineral Springs Avenue
  • Market: North Providence, RI
  • Acres: 11.1

Robert Horvath and Todd Tremblay, representing Horvath & Tremblay, successfully facilitated the sale of the Lowe's Home Improvement property. The transaction yielded a cap rate of 6.53%. Their expertise and efforts were instrumental in ensuring the smooth completion of the deal.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Todd Tremblay's profile picture
Todd Tremblay
Horvath & Tremblay-image
Executive Vice President
$361.4M Sold

Details

Deal Summary
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SOLD
IMAGE: Robert Horvath & Todd Tremblay DATE: 07/28/2023 ADDRESS: 1703 Mineral Springs Avenue MARKET: North Providence, RI ASSET TYPE: Retail ~ ACRES: 11.1 BROKERS: Robert Horvath & Todd Tremblay - Horvath & Tremblay SALE PRICE: $15,300,000 SF: 125,400 ~ PPSF: $122 NOTE: Bob Horvath and Todd Tremblay from Horvath & Tremblay have successfully facilitated the sale of a Lowe's Home Improvement property at a price of $15.3 million, yielding a 6.53% cap rate.

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Address1703 Mineral Springs Avenue

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