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1593-1595 Centerville Road Warwick 1593 Centerville Rd 3,176 SF of Retail Space Available in Warwick, RI 02886



Highlights
- 19,455 ADT
- Lighted Intersection
- Corner Lot
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,176 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
Regal Commercial Real Estate is pleased to present 1593-1595 Centerville Road and New London Avenue (M:251 L:100) in Warwick, Rhode Island. The property contains three separate parcels- New London Avenue (M:251 L:100) contains 0.13 acres and currently serves as parking for 1593 Centerville Road. 1593 Centerville Road is a former bar/restaurant that contains 2,034 sq.ft above grade area along with a 1,473 basement. 1585 Centerville Road contains a two-unit residential building with one bedroom/one bathroom in each unit and contains approximately 1,704 sq. ft with a full 1,004 sq.ft basement. Parcel is a corner lot at the intersection of busy Centerville Road and New London Avenue. Ground Lease Opportunity
- Corner Lot- Lighted Intersection
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 3,176 SF | Gross Leasable Area | 3,176 SF |
| Property Type | Retail | Year Built | 1935 |
| Property Subtype | Restaurant | Parking Ratio | 6.61/1,000 SF |
| Total Space Available | 3,176 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,176 SF |
| Year Built | 1935 |
| Parking Ratio | 6.61/1,000 SF |
About the Property
Regal Commercial Real Estate is pleased to present 1593-1595 Centerville Road and New London Avenue (M:251 L:100) in Warwick, Rhode Island. The property contains three separate parcels- New London Avenue (M:251 L:100) contains 0.13 acres and currently serves as parking for 1593 Centerville Road. 1593 Centerville Road is a former bar/restaurant that contains 2,034 sq.ft above grade area along with a 1,473 basement. 1585 Centerville Road contains a two-unit residential building with one bedroom/one bathroom in each unit and contains approximately 1,704 sq. ft with a full 1,004 sq.ft basement. Parcel is a corner lot at the intersection of busy Centerville Road and New London Avenue. Ground Lease Opportunity
- Bus Line
- Restaurant
- Signalized Intersection
Nearby Major Retailers
Presented by
1593-1595 Centerville Road Warwick | 1593 Centerville Rd
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