NNN Retail Building with
For Sale
$1,500,000
1484 N Mineral Spring Ave N, North Providence, RI 02904
Standalone single-tenant NNN retail building includes dedicated parking and drive-thru access on a 0.29-acre lot.
Property Size2,410 SF
Lot Size0.29 Acres
Price / SF$622.41
Days on Market81
Property Features for 1484 N Mineral Spring Ave N
General Information
Standard status
Active
Size
2,410 SF
Lot size
0.29 Acres
Property subtype
Commercial
Occupancy
100%
Additional Details
Cap Rate
5.25%
Traffic Count
22,000 vehicles/day
Taxes and HOA fees
Annual Taxes
$32,008
Amenities
Central air
Central Air Cooling
Building Details
Year Built
1990
Tenancy
Single
Listing Agency:
MEGA REALTY SERVICES INC
(508) 665-4004
Listed By:
JOSE NATAL GONCALVES
Source:
Corcoran
Added: Jun 17
Changed: Aug 16
Last Checked: Sep 5 at 9:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MEGA REALTY SERVICES INC
Investment Insights
Based on property information with market context.
This well-performing, single-tenant NNN retail property is a standalone building offered on a fee simple basis, including both land and building. The asset includes approximately 2,410 square feet and sits on a 0.29-acre lot with dedicated parking and drive-thru functionality, supporting long-term operational usability.
Located on the Mineral Springs Avenue retail corridor, the property benefits from a busy trade area with over 22,000 vehicles passing daily. The current tenant has operated at the location since 2005 and has about seven years remaining on a triple net lease, with the lease guaranteed by the corporation.
Sold as is. The property is offered with a stated 5.25% capitalization rate and aims to provide steady, predictable income with minimal landlord involvement.
Located on the Mineral Springs Avenue retail corridor, the property benefits from a busy trade area with over 22,000 vehicles passing daily. The current tenant has operated at the location since 2005 and has about seven years remaining on a triple net lease, with the lease guaranteed by the corporation.
Sold as is. The property is offered with a stated 5.25% capitalization rate and aims to provide steady, predictable income with minimal landlord involvement.
Key Highlights
- Standalone, single‑tenant NNN retail building built in 1990 with 2,410 SF on a 0.29‑acre lot
- Dedicated parking plus drive‑thru access included with the standalone retail site
- Current tenant operating since 2005; lease has about seven years remaining on a triple net lease
Property Analytics
Property Profile
Current Use
Lease Details
22,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
700
Businesses Nearby
144k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 24%
Electronics 11%
Beauty & Spa 2%
Wendy's
Dining
17,119 visits/mo
0.1 miles
Taco Bell
Dining
15,078 visits/mo
0.1 miles
Starbucks
Dining
12,090 visits/mo
0.2 miles
Speedway
Shops & Services
12,028 visits/mo
0.3 miles
Bank of America
Shops & Services
10,857 visits/mo
0.3 miles
Demographics for 02904, RI
31,542
Population
14,483
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
6,066
Density / Sq Mi
$64,637
Median Household Income
$47,040
Median Earnings
$1,217
Median Rent
$302,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Standalone single-tenant NNN retail building includes dedicated parking and drive-thru access on a 0.29-acre lot.
Where is this nnn property located?
The property is located at 1484 N Mineral Spring Ave N North Providence, RI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Standalone, single‑tenant NNN retail building built in 1990 with 2,410 SF on a 0.29‑acre lot; Dedicated parking plus drive‑thru access included with the standalone retail site; Current tenant operating since 2005; lease has about seven years remaining on a triple net lease
