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1500 Pontiac Ave 11,638 SF Office Building Cranston, RI 02920 For Sale
Investment Highlights
- NNN Leased
Executive Summary
• 11,638± SF Office Building
• 1.87± Acres of Land
• Medical Office & Lab Use
• NNN Leased Until 2028 with Two Five Year Options
• Renovated 2025 by Tenant
• 80+ Parking Spaces
• Zoned M2
• Centrally Located to All Major Routes & Highways
• Close to T.F. Green Airport
• Neighbors Include: Swarovski, Stylecraft, Rhode Island Lottery, Rhode Island DLT & Eleanor Slater Hospital
• Yearly Income: $336,745
• 1.87± Acres of Land
• Medical Office & Lab Use
• NNN Leased Until 2028 with Two Five Year Options
• Renovated 2025 by Tenant
• 80+ Parking Spaces
• Zoned M2
• Centrally Located to All Major Routes & Highways
• Close to T.F. Green Airport
• Neighbors Include: Swarovski, Stylecraft, Rhode Island Lottery, Rhode Island DLT & Eleanor Slater Hospital
• Yearly Income: $336,745
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
11,638 SF
Building Class
A
Year Built/Renovated
1980/2025
NOI
$336,745
Tenancy
Single
Building Height
1 Story
Typical Floor Size
11,638 SF
Building FAR
0.14
Lot Size
1.87 AC
Zoning
M2
Parking
80 Spaces (6.87 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Property Taxes
| Parcel Number | CRAN-000013-000000-000054 | Improvements Assessment | $1,413,000 |
| Land Assessment | $383,700 | Total Assessment | $1,796,700 |
Property Taxes
Parcel Number
CRAN-000013-000000-000054
Land Assessment
$383,700
Improvements Assessment
$1,413,000
Total Assessment
$1,796,700
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1500 Pontiac Ave
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