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Building 4 1407 S County Trl 7,666 SF 100% Leased Office Building East Greenwich, RI 02818 $2,369,300 CAD ($309.07 CAD/SF) 9.44% Cap Rate
Investment Highlights
- Premier medical office park in this region.
- Located on the "Medical Mile"
- Surrounded by numerous medical office tenants.
- Moments to all amenities.
Executive Summary
MG Commercial is pleased to bring to market two (2) fully leased medical office condominiums located in the highly sought-after Greenwich Medical Center & Office Park. Building 4 is a Class "A",46,183 SF medical office condominium building constructed in 2001. Unit 421 is under lease with Brown University Health Outpatient Psychiatry while Unit 423 is leased by Brown University Surgical Associates. Both tenants have options to renew.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,666 SF
Building Class
A
Year Built
2001
Price
$2,369,300 CAD
Price Per SF
$309.07 CAD
Cap Rate
9.44%
NOI
$223,662 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,555 SF
Slab To Slab
11’
Building FAR
0.03
Lot Size
6.83 AC
Zoning
C - Commerical
Parking
150 Spaces (19.57 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $9,202,838 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $9,202,838 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$9,202,838 CAD
Total Assessment
$9,202,838 CAD
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Building 4 | 1407 S County Trl
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