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Fully Leased Retail, Lighted Corner, Parking 1131 Warwick Ave 4,192 SF 100% Leased Retail Building Warwick, RI 02888 $865,000 ($206.35/SF) 7.67% Cap Rate

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EXECUTIVE SUMMARY

Fully Leased Retail Property with two units on a lighted corner of busy Warwick Avenue.

ATTACHMENTS

1131 Warwick Avenue Valuation - May 2025

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,192 SF
Building Class
C
Year Built
1989
Price
$865,000
Price Per SF
$206.35
Cap Rate
7.67%
NOI
$66,305
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.43 AC
Zoning
Commercial
Parking
25 Spaces (5.96 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Dimeo Construction
  • -
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Dimeo Construction - - $9.99 Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Planet Fitness
Newport Creamery LLC
Washington Trust Bank
Five Guys
D'angelo Grilled Sandwiches
Starbucks
Citizens Bank
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WARW-000300-000001-000000
Land Assessment
$188,800
Improvements Assessment
$445,900
Total Assessment
$634,700
  • Listing ID: 38253774

  • Date on Market: 10/29/2025

  • Last Updated:

  • Address: 1131 Warwick Ave, Warwick, RI 02888

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