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Home Depot Shadow 670-720 Centre of New England Blvd 17 340 pi² 92% Loué Commerce de détail Immeuble Coventry, RI 02816 7 935 550 $ CAD (457,64 $ CAD/pi²) 6,25% Taux de capitalisation



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Premier Outparcel Location: Strategically positioned alongside The Home Depot, Walmart, and BJ’s Wholesale Club
- Major Residential Growth: Star Development has commenced construction on a 362-unit townhome community and 350-unit apartment project.
- Excellent Accessibility & Visibility: Prominently positioned along Centre of New England Boulevard, the main retail corridor in Coventry
- Attractive Investment Offering: Rare opportunity to acquire two separately parceled shopping centers totaling 17,340 square feet of GLA
- Value-Add Potential: Approximately 8% of the center is available for second-generation lease-up, offering upside through new tenancy and rent growth.
RÉSUMÉ DE L'ANNONCE
Anchor Net Lease is pleased to present 670 & 720 Centre of New England Boulevard, two adjacent shopping centers totaling 17,340 square feet. This offering provides a rare opportunity to acquire a 92% leased retail asset strategically positioned within one of Rhode Island’s fastest-growing trade areas.
The properties are located along Centre of New England Boulevard, within the well-established Centre of New England 4+ million square foot mixed-use development. The site benefits from exceptional visibility and accessibility, positioned between two interchanges along Interstate 95, which sees traffic counts exceeding 71,000 vehicles per day. Located 15 miles south of downtown Providence, 15 minutes from Rhode Island T.F. Green International Airport and situated between two Interstate 95 interchanges, the Centre of New England provides convenient access for both regional and national visitors. The Property’s location also provides commuter access to Newport, Rhode Island; one of the state's major employers and resort hubs.
The Centre of New England features a strong lineup of national retailers, including Walmart, The Home Depot, BJ’s Wholesale Club, Cracker Barrel, McDonald’s, Wendy’s, and others. The surrounding area is poised for significant growth, with over 712 new residential units currently under development. These projects will further enhance the area’s already strong demographics, which include a population of over 90,000 and an average household income of $132,417 within a 5-mile radius.
The properties are located along Centre of New England Boulevard, within the well-established Centre of New England 4+ million square foot mixed-use development. The site benefits from exceptional visibility and accessibility, positioned between two interchanges along Interstate 95, which sees traffic counts exceeding 71,000 vehicles per day. Located 15 miles south of downtown Providence, 15 minutes from Rhode Island T.F. Green International Airport and situated between two Interstate 95 interchanges, the Centre of New England provides convenient access for both regional and national visitors. The Property’s location also provides commuter access to Newport, Rhode Island; one of the state's major employers and resort hubs.
The Centre of New England features a strong lineup of national retailers, including Walmart, The Home Depot, BJ’s Wholesale Club, Cracker Barrel, McDonald’s, Wendy’s, and others. The surrounding area is poised for significant growth, with over 712 new residential units currently under development. These projects will further enhance the area’s already strong demographics, which include a population of over 90,000 and an average household income of $132,417 within a 5-mile radius.
BILAN FINANCIER (RÉEL - 2024) |
ANNUEL (CAD) | ANNUEL PAR pi² (CAD) |
|---|---|---|
| Revenu de location brut |
605 632 $
|
69,61 $
|
| Autres revenus |
98 879 $
|
11,37 $
|
| Perte due à l’inoccupation |
-
|
-
|
| Revenu brut effectif |
704 511 $
|
80,98 $
|
| Taxes |
89 847 $
|
10,33 $
|
| Dépenses d’exploitation |
118 713 $
|
13,65 $
|
| Total des dépenses |
208 560 $
|
23,97 $
|
| Revenu net d’exploitation |
495 951 $
|
57,01 $
|
BILAN FINANCIER (RÉEL - 2024)
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | 605 632 $ |
| Annuel par pi² | 69,61 $ |
| Autres revenus (CAD) | |
|---|---|
| Annuel | 98 879 $ |
| Annuel par pi² | 11,37 $ |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | 704 511 $ |
| Annuel par pi² | 80,98 $ |
| Taxes (CAD) | |
|---|---|
| Annuel | 89 847 $ |
| Annuel par pi² | 10,33 $ |
| Dépenses d’exploitation (CAD) | |
|---|---|
| Annuel | 118 713 $ |
| Annuel par pi² | 13,65 $ |
| Total des dépenses (CAD) | |
|---|---|
| Annuel | 208 560 $ |
| Annuel par pi² | 23,97 $ |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | 495 951 $ |
| Annuel par pi² | 57,01 $ |
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Immeuble de commerce
Taille du bâtiment
17 340 pi²
Classe d’immeuble
B
Année de construction
2005
Prix
7 935 550 $ CAD
Prix par pi²
457,64 $ CAD
Taux de capitalisation
6,25%
Revenu net d’exploitation
495 951 $ CAD
Pourcentage loué
92%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,23
Taille du lot
1,74 AC
Zonage
3702
Stationnement
57 places (3,29 places par 1 000 pi² loué)
Façade
510’ sur Centre of New England
COMMODITÉS
- Ligne d'autobus
- Voie de virage obligatoire
- Visibilité de l'autoroute
- Intersection avec signalisation
- Service au volant
PRINCIPAUX LOCATAIRES
- LOCATAIRE
- SECTEUR
- pi² OCCUPÉ
- LOYER/pi²
- FIN DU BAIL
- BlackStone Herbs + Coffee Bar
- -
- -
- -
- -
- Fashion Nails & Spa
- -
- -
- -
- -
- Ocean State Shaolin
- -
- -
- -
- -
- Supercuts
- Détaillant
- -
- -
- -
- The Pizza Nomad
- -
- -
- -
- -
- T-Mobile
- Détaillant
- -
- -
- -
- Verizon
- Détaillant
- -
- -
- -
| LOCATAIRE | SECTEUR | pi² OCCUPÉ | LOYER/pi² | FIN DU BAIL | ||
| BlackStone Herbs + Coffee Bar | - | - | - | - | ||
| Fashion Nails & Spa | - | - | - | - | ||
| Ocean State Shaolin | - | - | - | - | ||
| Supercuts | Détaillant | - | - | - | ||
| The Pizza Nomad | - | - | - | - | ||
| T-Mobile | Détaillant | - | - | - | ||
| Verizon | Détaillant | - | - | - |
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | COVE-000007-000000-000002-000003 | Évaluation totale | 1 991 700 $ CAD |
| Évaluation du terrain | 984 815 $ CAD | Impôts annuels | 89 847 $ CAD (5,18 $ CAD/pi²) |
| Évaluation des bâtiments | 1 006 886 $ CAD | Année d’imposition | 2024 |
Impôts fonciers
Numéro de lot
COVE-000007-000000-000002-000003
Évaluation du terrain
984 815 $ CAD
Évaluation des bâtiments
1 006 886 $ CAD
Évaluation totale
1 991 700 $ CAD
Impôts annuels
89 847 $ CAD (5,18 $ CAD/pi²)
Année d’imposition
2024
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Présenté par
Anchor Net Lease
Home Depot Shadow | 670-720 Centre of New England Blvd
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