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41 Ford Ln 10,000 SF 100% Leased Industrial Building Warwick, RI 02888 $1,395,000 ($139.50/SF) 6.81% Cap Rate
Executive Summary
FOR SALE – 41 Ford Lane, Warwick, RI 02888
Outstanding opportunity to acquire a 10,000± SF industrial building on 0.74 acres in Warwick’s established industrial corridor. The property is divided into two units, each featuring a loading dock and 14’ clear ceiling heights. Over the past year, there have been over $400,000 in renovations and it is currently fully leased to NNN tenants, this asset offers immediate income with minimal management responsibilities.
Recent capital improvements include:
New windows enhancing natural light and efficiency
Upgraded electrical systems throughout
Completely renovated bathrooms
New rubber roof providing long-term durability
Fresh interior and exterior paint for a modern, professional appearance
New HVAC systems delivering reliable climate control and energy efficiency
Originally constructed in 1985, the building now blends solid infrastructure with turnkey upgrades, making it a strong, low-maintenance addition to any portfolio. The location provides excellent accessibility to I-95, Routes 117 & 37, and TF Green International Airport, supporting both tenant retention and long-term value growth.
Outstanding opportunity to acquire a 10,000± SF industrial building on 0.74 acres in Warwick’s established industrial corridor. The property is divided into two units, each featuring a loading dock and 14’ clear ceiling heights. Over the past year, there have been over $400,000 in renovations and it is currently fully leased to NNN tenants, this asset offers immediate income with minimal management responsibilities.
Recent capital improvements include:
New windows enhancing natural light and efficiency
Upgraded electrical systems throughout
Completely renovated bathrooms
New rubber roof providing long-term durability
Fresh interior and exterior paint for a modern, professional appearance
New HVAC systems delivering reliable climate control and energy efficiency
Originally constructed in 1985, the building now blends solid infrastructure with turnkey upgrades, making it a strong, low-maintenance addition to any portfolio. The location provides excellent accessibility to I-95, Routes 117 & 37, and TF Green International Airport, supporting both tenant retention and long-term value growth.
Property Facts
| Price | $1,395,000 | Rentable Building Area | 10,000 SF |
| Price Per SF | $139.50 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1985/2024 |
| Cap Rate | 6.81% | Parking Ratio | 2.3/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 14’ |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 0.74 AC | ||
| Zoning | GI - Industrial and manuf operations and enterprises, including assembly of durable goods, bulk storage, and general storage of trucks and const. equipment | ||
| Price | $1,395,000 |
| Price Per SF | $139.50 |
| Sale Type | Investment |
| Cap Rate | 6.81% |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.74 AC |
| Rentable Building Area | 10,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1985/2024 |
| Parking Ratio | 2.3/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 2 |
| Zoning | GI - Industrial and manuf operations and enterprises, including assembly of durable goods, bulk storage, and general storage of trucks and const. equipment |
Amenities
- Signage
Utilities
- Gas - Natural
- Water - City
- Sewer - Septic Field
- Heating - Gas
Property Taxes
| Parcel Number | WARW-000284-000173-000000 | Improvements Assessment | $559,500 |
| Land Assessment | $180,800 | Total Assessment | $740,300 |
Property Taxes
Parcel Number
WARW-000284-000173-000000
Land Assessment
$180,800
Improvements Assessment
$559,500
Total Assessment
$740,300
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Presented by
Garwaine Realty, Inc.
41 Ford Ln
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