Horvath & Tremblay Represents Seller In $3.7M Sale Of Raising Cane's In Warwick Rhode Island

The property involved in this transaction is a newly built Raising Cane’s, located at 336 Bald Hill Road in Warwick, RI. The sale price of the asset was $3,700,000, with a total square footage of 3,286, translating to a price per square foot of $1,126. It operates within the retail asset type and was acquired at a 5.0% cap rate.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,700,000
• Address: 336 Bald Hill Road
• Market: Warwick, RI
• Square Footage: 3,286
• Price per Square Foot: $1,126
• Cap Rate: 5.0%
• Brokerage: Horvath & Tremblay
• Brokers Involved: Robert Horvath, Todd Tremblay, Matthew Nadler, Kyle Danielson, Jack Laurendeau
• Transaction Type: Sale

Horvath & Tremblay represented the seller in this transaction and was responsible for sourcing the buyer for the newly built Raising Cane's in Warwick, Rhode Island.