For Sale1 / 4Retail – Discount / GroceryCentral Falls, RICode AMC-5745
Dollar General – Central Falls, RI
400 BROAD ST, CENTRAL FALLS, RI 02863
Asking price
Property details
- Tenant
- Dollar General
- Property type
- Retail – Discount / Grocery
- Lease type
- NN+
- Lease guarantee
- Credit Rated, Corporate Guarantee
- Term remaining
- 3.8 yrs
- Rent increases & renewal options
- Option Exercised — 5-Year Extension — Tenant recently exercised its renewal option and accepted the full 10% rent increase for an additional five years, a clear signal of commitment to the site.
- Building size
- 12,615 SF
- Lot size
- 0.86 AC
- Price per SF
- $155/SF
- Listing code
- AMC-5745
Investment highlights
- Top 96th Percentile in Rhode Island — Store performance ranks in the top 4% of all locations statewide per Alpha Maps, a proven, high-velocity site.
- Top 78th Percentile Nationwide — Outperforms nearly four of every five Dollar General stores in the country, supporting long-term renewal probability.
- Landlord-Favorable NN+ Lease — Tenant is responsible for HVAC repair and replacement, all common area maintenance, real estate taxes and property insurance.
- No Near-Term CapEx — New roof and resurfaced parking lot delivered in 2015, materially limiting near-term ownership capital exposure.
- Oversized 12,615 SF Building — Substantially larger than the largest DG prototype, positioned on a 0.86-acre parcel with 32 surface parking spaces.
- Full Masonry Construction — Durable block construction with a low long-term maintenance profile and strong residual value.
- Option Exercised — 5-Year Extension — Tenant recently exercised its renewal option and accepted the full 10% rent increase for an additional five years, a clear signal of commitment to the site.
- Investment-Grade Tenant — S&P-rated BBB investment grade with ~$24B market cap and $42.7B FY2025 revenue; 20,000+ stores, in business since 1939.
Sale description
Published Aug 7, 2026. Information is provided by AMC REIS from sources believed reliable; buyers should verify all figures in the offering memorandum.
Location
400 BROAD ST, CENTRAL FALLS, RI 02863
Pin placed from the listed street address. Site boundaries and conditions are described in the offering memorandum.
Open in Google MapsDemographics
Population and average household income by radius from the site, as marketed.
| Radius from site | Population | Average income |
|---|---|---|
| 3 Mile | 154,813 | $90.5k |
| 5 Mile | 302,904 | $103.6k |
| 10 Mile | 713,835 | $105.3k |
Listing brokers
- BB
Investment calculator
Model the deal with your own down payment, rate and amortization. NOI, debt service, cash-on-cash return and DSCR update instantly.
Your scenario
Pre-filled from the asking price; adjust to model an offer.
NOI = price × cap rate · marketed NOI $162,630
All-cash at 100%Loan $1,267,500 · LTV 65%
Estimated returns
- Equity
- $682,500
- Loan
- $1,267,500
- Net operating income (annual)
- $162,630
- Monthly debt payment
- $8,757
- Annual debt service
- $105,088
- Cash flow after debt service
- $57,542
- Cash-on-cash return
- 8.43%
- Debt service coverage (DSCR)
- 1.55×
- Price per SF
- $155/SF
Estimates for Dollar General – Central Falls, RI only; not an offer of financing. Lender terms, closing costs, reserves and taxes vary. NNN leases shift operating expenses to the tenant, so NOI is modelled as price × cap rate.
