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96 Cross St 5,476 SF 100% Leased Retail Building Westerly, RI 02891 $2,073,525 CAD ($378.66 CAD/SF)
Executive Summary
The property is ground leased with 10 years remaining in the term. In addition to ground rent, owner collects 30% of gross rents from all property sub-tenants. The property is
well suited for redevelopment or additional development upon expiration of the ground lease.
•1.37± Acres of Land
•Highway Commercial Zone
•270± FT of Frontage
•5,476± SF Retail Building
•768± SF Garage
•Two (2) Overhead Doors
well suited for redevelopment or additional development upon expiration of the ground lease.
•1.37± Acres of Land
•Highway Commercial Zone
•270± FT of Frontage
•5,476± SF Retail Building
•768± SF Garage
•Two (2) Overhead Doors
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,476 SF
Building Class
B
Year Built
1995
Price
$2,073,525 CAD
Price Per SF
$378.66 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
1.37 AC
Amenities
- Signage
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | WEST-000067-000282 | Improvements Assessment | $739,557 CAD |
| Land Assessment | $630,905 CAD | Total Assessment | $1,370,462 CAD |
Property Taxes
Parcel Number
WEST-000067-000282
Land Assessment
$630,905 CAD
Improvements Assessment
$739,557 CAD
Total Assessment
$1,370,462 CAD
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96 Cross St
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