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Office / Laboratory Building 211 Circuit Dr 50,000 SF Office Building North Kingstown, RI 02852 For Sale
Investment Highlights
- 50,000 SF +/- Office/Laboratory Building
- Premier Quonset Business Park Location
- Over $2 Million of Net Income Through Term
- Situated on 3.75 Acres
- Fully Leased Until April 2028
- Owner Occupancy Potential
Executive Summary
211 Circuit Drive is a two-story, 50,000 SF +/- office/laboratory building situated on 3.75 acres and is currently comprised of a single tenant. The tenant, Dominion Diagnostics, a certified and accredited national medical laboratory (now owned by G3 Vision Labs), has occupied the building since its construction in 2001. With additions constructed in 2006-2007, the building contains a mixture of modern office and laboratory space, two (2) generators and a 2,000-lb freight elevator. The property contains ample onsite parking with 165 parking spots.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
50,000 SF
Building Class
B
Year Built/Renovated
2004/2007
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
18,148 SF
Building FAR
0.31
Lot Size
3.75 AC
Zoning
QBPD - C
Parking
165 Spaces (3.3 Spaces per 1,000 SF Leased)
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | NKIN M:179 B:013 | Improvements Assessment | $4,091,500 |
| Land Assessment | $930,900 | Total Assessment | $5,022,400 |
Property Taxes
Parcel Number
NKIN M:179 B:013
Land Assessment
$930,900
Improvements Assessment
$4,091,500
Total Assessment
$5,022,400
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Office / Laboratory Building | 211 Circuit Dr
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