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1155 Victory Hwy 10,000 SF Industrial Building Burrillville, RI 02858 $2,512,656 CAD ($251.27 CAD/SF) 5.56% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Newly Renovated
  • Garage Door
  • Highway Access
  • Sauna
  • Bay Doors

EXECUTIVE SUMMARY

Property & Building:
We are pleased to present 1155 Victory Hwy, Burrillville, RI as available for lease and sale. The 10,000 SF Class B metal warehouse style building was constructed in 1987 and superbly renovated in 2022, sitting on a half acre parcel. Features include one 14’ drive-in garage, one 12’ loading dock, two 8’ loading docks, 21’ clear, polished concrete floors, modern halogen lighting, 400 amps - 3 phase, and propane heating. External overhead covering spans the length of the building at 121’, capable of housing multiple storage containers. One electric vehicle charger and 27 parking spaces are available afore the building, along with additional parking at the adjacent municipal park. Additional amenities include a sauna room, private bathroom, upper level office, kitchen with bar area, security system, and 3 storage rooms.
Location:
1155 Victory Hwy, Burrillville, RI is located at the vertex of RI, CT, and MA; at the middle point between Worcester and Providence. Nearby highway access includes I-395, I-295, rt-102, and rt-146. Popular industries of northern Rhode Island include renewable energy, healthcare, biotechnology, manufacturing, and more. Notably, Burrillville is home to the state’s first community solar project, beginning in 2019. Being such a raw blank canvas, this property would make an ideal site for countless commercial uses including a fitness center, manufacturing facility, distribution center, etc.

PROPERTY FACTS

Price $2,512,656 CAD
Price Per SF $251.27 CAD
Sale Type Investment or Owner User
Cap Rate 5.56%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Manufacturing
  • Industrial Truck Terminal
Building Class C
Lot Size 0.45 AC
Rentable Building Area 10,000 SF
No. Stories 1
Year Built 1987
Tenancy Single
Parking Ratio 2.7/1,000 SF
Clear Ceiling Height 21’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 1
Zoning GC - General Commercial

AMENITIES

  • Security System
  • Signage
  • Skylights
  • Air Conditioning

UTILITIES

  • Lighting - Halogen
  • Gas - Propane
  • Water - City
  • Heating - Gas

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Transportation and Warehousing
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -

GreyStone Power Corporation is a member-owned electric cooperative dedicated to providing you with reliable electric service at the lowest possible rates. Because GreyStone Power is locally owned and operated, customers, also known as members, receive responsive and focused service. Their mission is making life better in the communities they serve.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Transportation and Warehousing 99,999 SF $9.99 Lorem Ipsum -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
BURR-000179-000088-000000
Land Assessment
$156,834 CAD
Improvements Assessment
$607,045 CAD
Total Assessment
$763,879 CAD
  • Listing ID: 33559823

  • Date on Market: 2024-10-18

  • Last Updated:

  • Address: 1155 Victory Hwy, Burrillville, RI 02858

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