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444 Quaker Ln
Warwick, RI 02886
Denny's · Retail Property For Sale
Investment Highlights
- Passive Income Ownership | The property is leased to Denny’s under a long-term NNN lease structure designed for low-management, predictable income
- Established, High-Visibility Location | Positioned along Quaker Lane with exposure to 26,562 VPD, and additional access from Cowesett Road 19,848 VPD
- Strong Retail Traffic Performance (Placer.ai) | Trailing-12-month data shows 133.9K total visits from 71.3K unique customers, with 1.88 average visits
- Strong Unit Economics with Built-In Rent Growth | In-place NOI of $125,620 ($31.40/SF) with rent escalations, delivering embedded inflation protection
- Top-Tier Demographics | Affluent trade area with over 203k people earning a median household income of over $92.4k within a 5-mile radius
- Institutional-Quality Real Estate Fundamentals | Purpose-built 4,000 SF freestanding restaurant on 0.62 acres with 49 parking spaces (12.25/1,000 SF)
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.62 AC
Zoning
GB - General Business
Parking
49 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Dedicated Turn Lane
- Property Manager on Site
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | WARW-000230-000001-000001 | Improvements Assessment | $2,375,000 |
| Land Assessment | $0 | Total Assessment | $2,375,000 |
Property Taxes
Parcel Number
WARW-000230-000001-000001
Land Assessment
$0
Improvements Assessment
$2,375,000
Total Assessment
$2,375,000
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