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
125,400 SF
Sold 279 days ago
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
Details
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.View on map
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Address1703 Mineral Springs Avenue
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