Hunt River Commons _판매용 부동산
Hunt River Commons _판매용 부동산
20 Frenchtown Road, North Kingstown, RI

Hunt River Commons

묘사

JLL Capital Markets is pleased to exclusively offer for sale Hunt River Commons, a +/- 149,321 SF, 94.5% leased, grocery anchored shopping center in North Kingstown, RI. Hunt River Commons is anchored by Stop & Shop, the #1 grocer in Rhode Island, which boasts a 38-year operating history. Stop & Shop recently committed to an early extension until 2031 and invested significant capital into a remodel of their store in 2022. Other prominent tenants at the Property include a recently extended Marshalls, a high performing Citizens Bank pad, and a recently expanded Planet Fitness.


The property is aptly located adjacent to Route 1 (26,300 VPD) and is in close proximity to Interstate 95 and Route 4 (78,000 VPD). The nearby Quonset Development Corporation, Quonset State Airport and headquarters for Ocean State Job Lot present a unique reverse commute opportunity for affluent East Greenwich shoppers. Hunt River Commons offers investors a best-in-class supermarket anchored shopping center with a strong credit profile and the potential opportunity to push rents over time and create future value through the lease up of the remaining vacancy.



RI Broker of Record

Sean Lynch

RE.B0018913

...

개요

건물 총면적
13,872 제곱미터
점유율
95%
토지 총면적
9.83 헥타르

미디어

투자 하이라이트

  1. 149,321 SF dominant grocery anchored shopping center


  1. Anchored by Stop & Shop, Rhode Island's #1 grocer with a 38 year operating history and recent early extension


  1. 83%+ of gross income from credit tenants including Stop & Shop, Marshalls, Planet Fitness and Citizens Bank


  1. Loyal and affluent customer base, average household income within 5 miles of nearly $149,000


  1. Upside potential through lease up of 8,000+ SF across two suites and opportunity to push rents over time
Hunt River Commons  4_판매용 부동산
Hunt River Commons  4_판매용 부동산

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