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Building 5 4 Blackstone Valley Pl 22,643 SF Office Building Lincoln, RI 02865 $5,259,200 CAD ($232.27 CAD/SF) 8.78% Cap Rate



Investment Highlights
- NNN investment opportunity
- Recently renovated and developer owned
- 100% leased by Hasbro, Inc., with renewal options
- Located adjacent to Blackstone Center office park
Executive Summary
Introducing a prime investment opportunity at 4 Blackstone Valley Pl, Lincoln, RI. This impressive 22,643 SF building, is 100% leased by Hasbro, Inc. (NASDAQ: HAS). Constructed in 1991 and thoughtfully renovated in 2023, this property exudes modern appeal and functionality. Zoned ML-0.5, it offers versatile potential for various office and flex uses. Positioned in the sought-after Lincoln area, this property promises an attractive return on investment and a solid addition to any commercial real estate portfolio.
4 Blackstone Valley Place is strategically located in the heart of the Blackstone Valley, one of Northern Rhode Island’s most established commercial corridors. The property offers exceptional regional accessibility, situated just minutes from Route 146, providing direct north–south connectivity between Providence and Worcester, MA.
This prime positioning allows for efficient access to Interstate 95, downtown Providence, and the greater Boston metropolitan area. The property is surrounded by a strong mix of professional offices, corporate campuses, medical users, and technology firms, reinforcing its appeal as a business-focused environment. Tenants benefit from close proximity to Lincoln Mall, Smithfield Crossing, and other nearby retail amenities offering restaurants, banking, fitness centers, and daily services.
4 Blackstone Valley Place is strategically located in the heart of the Blackstone Valley, one of Northern Rhode Island’s most established commercial corridors. The property offers exceptional regional accessibility, situated just minutes from Route 146, providing direct north–south connectivity between Providence and Worcester, MA.
This prime positioning allows for efficient access to Interstate 95, downtown Providence, and the greater Boston metropolitan area. The property is surrounded by a strong mix of professional offices, corporate campuses, medical users, and technology firms, reinforcing its appeal as a business-focused environment. Tenants benefit from close proximity to Lincoln Mall, Smithfield Crossing, and other nearby retail amenities offering restaurants, banking, fitness centers, and daily services.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
22,643 SF
Building Class
B
Year Built
1990
Price
$5,259,200 CAD
Price Per SF
$232.27 CAD
Cap Rate
8.78%
NOI
$461,693 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
22,643 SF
Building FAR
0.26
Lot Size
2.03 AC
Zoning
ML-05
Parking
105 Spaces (4.64 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | LINC-000030-000760-000000 | Improvements Assessment | $2,935,049 CAD |
| Land Assessment | $254,379 CAD | Total Assessment | $3,189,428 CAD |
Property Taxes
Parcel Number
LINC-000030-000760-000000
Land Assessment
$254,379 CAD
Improvements Assessment
$2,935,049 CAD
Total Assessment
$3,189,428 CAD
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Building 5 | 4 Blackstone Valley Pl
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