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North Smithfield, RI Aldi

$3,247,600
11 Dowling Village Blvd
Lease Type Absolute NNN Ground Lease
Cap Rate 5.25%
Property Type Freestanding Building
Building Size 14,998 SF
NOI $170,500
Land Area 2.43 Acres
Status Active
Property Highlights

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Aldi | North Smithfield, RI. This 15,000 SF asset has been leased by Aldi since 2013, and their base term expires 10/31/2033. The Asset is well positioned on a major thoroughfare in the Providence, RI MSA.

  • Attractive Lease Fundamentals
  • Positioned in Prominent Retail Trade Area
  • Absolute Net Lease
  • Highly Visible on a Major Connecting Road
  • Corporate Guaranty from Globally Recognized Tenant
  • Long Operating History