CVS & Sakonnet River Grille 500 Main Rd Local commercial 1 668 m² 100 % Loué À vendre Tiverton, RI 02878 7 562 366 € (4 534,85 €/m²) Taux de capitalisation 6,71 %

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire a CVS and Sakonnet River Grille located at 500-524 Main Road in Tiverton, Rhode Island (the “Property”). The Property is comprised of two single-tenant buildings on a 3.34-acre corner parcel of land. CVS exercised their first renewal option 10 years early, demonstrating their commitment to the site and the market and has 14+ years remaining on their Lease with five (5), 5-year renewal options. Sakonnet River Grille has been at this location since 2022 and has 6+ years remaining on their Lease with one (1), 5-year renewal option. The CVS Lease calls for attractive rent increases every 5 years throughout the primary lease terms and in the renewal option periods, and Sakonnet River Grille has a rent increase at the start of their renewal option. CVS & Sakonnet River Grille are well located at the intersection of Briarwood Avenue and Main Road (RI Route 138), the area’s primary commercial and commuter corridor in the North End of Tiverton. The Property is adjacent to Tom’s Market (grocery store) and Dunkin’ and is surrounded by densely populated residential neighborhoods that provide a built-in customer base. The Property is 1.5 miles from the Fall River Expressway (RI Route 24) and 3.5 miles from Downtown Fall River and Bally’s Tiverton.