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HIGHLIGHTS
- Storefront parking
- Active retail trade area
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,012 SF | 1-5 Years | $20.40 /SF/YR $1.70 /SF/MO $20,645 /YR $1,720 /MO | Triple Net (NNN) |
1st Floor
6,072 SF prime retail center on very busy Cowesett Avenue, located just off RT. 2 in West Warwick. The site is across the street from Cumberland Farms and the Cowesett Plaza, and is located on a high-traffic street in a busy trade area.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- 30 Parking spaces
- 24,000 +/- Cars per day
- 1,012 SF retail end-cap
- New Construction
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.
SELECT TENANTS AT 294 COWESETT AVE, WEST WARWICK, RI 02893
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Fuel Your Fire Nutrition
- Services
- 1
- Local
- Ketty Delights
- -
- 1
- -
- Organical Botanical
- -
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Fuel Your Fire Nutrition | Services | 1 | Local |
| Ketty Delights | - | 1 | - |
| Organical Botanical | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,012 SF | Year Built | 2020 |
| Property Type | Retail | Parking Ratio | 3.33/1,000 SF |
| Gross Leasable Area | 6,000 SF |
| Total Space Available | 1,012 SF |
| Property Type | Retail |
| Gross Leasable Area | 6,000 SF |
| Year Built | 2020 |
| Parking Ratio | 3.33/1,000 SF |
ABOUT THE PROPERTY
New six-unit retail strip center with one space remaining for lease. 1,012 SF end cap space (24' x 44') with storefront parking and building signage available. New construction with nice curb appeal, surrounded by local, regional, and national tenants. Open space with front windows and back area space for storage. Great for retail and office use. Join this active retail center with great visibility
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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294 Cowesett Ave
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