1375 Park Ave | Cranston, RI 02920
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1375 Park Ave
Cranston, RI 02920
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% occupied plaza with all NNN leases, most of which feature annual rent increases
- Ecommerce and recession proof tenants with a strong mix of service-oriented retail
- History of long-term tenancy - more than 25% of the tenants have been at the site for 10+ years
- Anchored by two corporately guaranteed credit-rated tenants (ManPower and L’Oréal)
- Well maintained plaza with ample parking for customers
- Heavily trafficked corridor with nearly 18,000 vehicles passing the site daily
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
24,750 SF
Building Class
B
Year Built
2007
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
2.33 AC
Zoning
C3
Parking
70 Spaces (2.83 Spaces per 1,000 SF Leased)
Frontage
145’ on Park Ave
AMENITIES
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | CRAN-000011-000001-000749 | Improvements Assessment | $1,113,700 |
| Land Assessment | $245,100 | Total Assessment | $1,358,800 |
PROPERTY TAXES
Parcel Number
CRAN-000011-000001-000749
Land Assessment
$245,100
Improvements Assessment
$1,113,700
Total Assessment
$1,358,800
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