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Triple Net Lounge and Grill
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424 Benefit Street, Pawtucket, RI 02860

Lounge and grill space offered on a preferred 3- or 4-year NNN lease with water and sewer included.

Property Size1,764 SF
Days on Market40

Property Features for 424 Benefit Street

General Information

Standard status Active
Size 1,764 SF
Property subtype Commercial
Lease Type NNN

Additional Details

Lease Term 48 months
Highway Access Yes

Building Details

Year Built 1958
Listing Agency: Century 21 Limitless
Listed By: Kyle Seyboth
Source: Teridegnan
Added: Jun 21 Changed: Jul 25 Last Checked: Jul 30 at 6:04PM

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 Century 21 Limitless

Investment Insights

Based on property information with market context.

This specialty commercial offering is a lounge, bar, and grill space available on a preferred 3- or 4-year triple net (NNN) lease, with water and sewer included. The premises are 1,764 square feet and were previously operated as a lounge, bar, and grill, offering a layout that can be customized for the next tenant. Plenty of parking is available on site.

The property is located on Benefit Street in Pawtucket, near Slater Memorial Park and within minutes of Downtown Pawtucket. Access is described as convenient to Interstate 95, Route 1A, and Route 114, and it is near the Pawtucket/Central Falls Transit Center for MBTA commuter rail service, along with major shopping on Newport Avenue.

Prior tenants held a liquor license and a smoking license, and the remarks state that these may be obtainable for qualified concepts, subject to municipal approval.

Key Highlights

  • 1,764 SF commercial space in Pawtucket built in 1958
  • Offered on a preferred 3- or 4‑year triple net (NNN) lease
  • Water and sewer included in the lease

Property Analytics

Current Use

Bright Insurance Agency Insurance Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Auto Parts Store Butcher Catering Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

668
Businesses Nearby
72k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 61% Dining 33% Shops & Services 6%
Stop & Shop Groceries
44,194 visits/mo 0.3 miles
Wendy's Dining
15,751 visits/mo 0.4 miles
Dunkin' Donuts Dining
8,055 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
2,434 visits/mo 0.4 miles
Advance Auto Parts Shops & Services
2,010 visits/mo 0.4 miles

Demographics for 02860, RI

47,894
Population
21,467
Households
2.2
Avg Household Size
37
Median Age
25%
College-Educated
80%
High-School Grad
5.3 sq mi
ZIP Area
9,037
Density / Sq Mi
$59,954
Median Household Income
$42,038
Median Earnings
$1,112
Median Rent
$287,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Lounge and grill space offered on a preferred 3- or 4-year NNN lease with water and sewer included.
Where is this nnn property located?
The property is located at 424 Benefit Street Pawtucket, RI.
What are key features of this property?
This property features: 1,764 SF commercial space in Pawtucket built in 1958; Offered on a preferred 3- or 4‑year triple net (NNN) lease; Water and sewer included in the lease
More about this property
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