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Office Building Warwick 2797 Post Rd 3,500 SF 100% Leased Office Building Warwick, RI 02886 $625,000 ($178.57/SF) 4.32% Cap Rate
Executive Summary
Multi-Tenant Office Building For Sale. Well-maintained office property located on highly visible Post Road in Warwick, Rhode Island. The lower-level space is currently vacant, presenting an excellent opportunity for an owner-user to occupy the premises or for an investor to lease the space and increase cash flow. The property is anchored by long-standing tenants, providing stable income and a strong occupancy history. Conveniently located near I-95, Route 37, T.F. Green International Airport, restaurants, retail amenities, and other major business services.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,500 SF
Building Class
C
Year Built
1970
Price
$625,000
Price Per SF
$178.57
Cap Rate
4.32%
NOI
$27,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,750 SF
Slab To Slab
10’
Building FAR
0.28
Lot Size
0.29 AC
Zoning
O - Office
Parking
9 Spaces (2.57 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Blackrock Inv Group Llc
- -
- -
- -
- -
- Pilloni Family Chiropractic Inc
- Health Care and Social Assistance
- -
- -
- -
- Rejuvenating Touch Massage
- Services
- -
- -
- -
- Silvers Psychology & Wellness Llc
- Health Care and Social Assistance
- -
- -
- -
- Warren Chiropractic
- Health Care and Social Assistance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Blackrock Inv Group Llc | - | - | - | - | ||
| Pilloni Family Chiropractic Inc | Health Care and Social Assistance | - | - | - | ||
| Rejuvenating Touch Massage | Services | - | - | - | ||
| Silvers Psychology & Wellness Llc | Health Care and Social Assistance | - | - | - | ||
| Warren Chiropractic | Health Care and Social Assistance | - | - | - |
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Moderately walkable
60/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | WARW-000267-000101-000000 | Improvements Assessment | $352,000 |
| Land Assessment | $106,700 | Total Assessment | $458,700 |
Property Taxes
Parcel Number
WARW-000267-000101-000000
Land Assessment
$106,700
Improvements Assessment
$352,000
Total Assessment
$458,700
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