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The Limerock Center 1525 Louisquisset Pike 552 - 2,958 SF of Office/Medical Space Available in Lincoln, RI 02865
HIGHLIGHTS
- Public transportation is accessible from this location.
- Just across the highway from Lincoln Woods State Park.
- The Woods Yoga is a neighboring tenant as well as Twin River Casino.
- Major roadways including Eddie Dowling Highway is just steps away.
- Public transportation is in close proximity to this location.
- This area has high daytime traffic and this property has plenty of frontage.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste C-202 | 552 SF | 3-5 Years | $25.82 CAD/SF/YR $2.15 CAD/SF/MO $14,255 CAD/YR $1,188 CAD/MO | Modified Gross | ||
| 2nd Floor, Ste B-204 | 1,021 SF | Negotiable | $24.43 CAD/SF/YR $2.04 CAD/SF/MO $24,942 CAD/YR $2,078 CAD/MO | Modified Gross | ||
| 2nd Floor, Ste B-205 | 1,385 SF | Negotiable | $24.43 CAD/SF/YR $2.04 CAD/SF/MO $33,834 CAD/YR $2,819 CAD/MO | Modified Gross |
1525 Louisquisset Pike - 1st Floor - Ste C-202
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Open Floor Plan Layout
1525 Louisquisset Pike - 2nd Floor - Ste B-204
1,021 RSF of Open Office Space
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Open Floor Plan Layout
1525 Louisquisset Pike - 2nd Floor - Ste B-205
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- 4 Private Offices
- 1 Conference Room
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 THE LIMEROCK CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Hercules Pizza Works
- -
- -
- -
- The Glam Shoppe
- Retailer
- -
- -
- The Woods Yoga
- Retailer
- -
- -
- ZPUP Dog Spa
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Hercules Pizza Works | - | - | - |
| The Glam Shoppe | Retailer | - | - |
| The Woods Yoga | Retailer | - | - |
| ZPUP Dog Spa | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 2,958 SF | Frontage | 197’ on Louisquisett Pike |
| Center Type | Strip Center | Gross Leasable Area | 13,000 SF |
| Parking | 118 Spaces | Total Land Area | 16.85 AC |
| Stores | 2 | Year Built | 1989 |
| Center Properties | 5 |
| Total Space Available | 2,958 SF |
| Center Type | Strip Center |
| Parking | 118 Spaces |
| Stores | 2 |
| Center Properties | 5 |
| Frontage | 197’ on Louisquisett Pike |
| Gross Leasable Area | 13,000 SF |
| Total Land Area | 16.85 AC |
| Year Built | 1989 |
ABOUT THE PROPERTY
Ideally located directly off of Rte. 146 in Lincoln Rhode Island, Limerock Center offers retail and office space with convenient access to and from I-95 and I-295. Only 5 minutes from Providence and 45 minutes from Boston. This is a prime opportunity to acquire a commercial asset. This property is centrally located in a desirable part of town, boasting quality neighboring tenants. The lot offers high visibility. This area has a high traffic count and heavy daytime traffic. The amenities offered at this location make this a priceless commercial venture.
NEARBY MAJOR RETAILERS
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The Limerock Center | 1525 Louisquisset Pike
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