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NNN at 7.6% CAP Rate, New 5 Year Leases 470 Toll Gate Rd 11,952 SF 100% Leased Office Building Warwick, RI 02886 $3,017,595 CAD ($252.48 CAD/SF) 7.60% Cap Rate

Medical Offices Rhode Island Warwick 470 Toll Gate Rd, Warwick, RI 02886

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EXECUTIVE SUMMARY

100% Occupied Medical Office across the street from the hospital. New five-year leases.
60 parking spaces
7.65% CAP Rate, True NNN

ATTACHMENTS

470 Tollgate Inc and Exp and Valuation (1)

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
11,952 SF
Building Class
C
Year Built
1980
Price
$3,017,595 CAD
Price Per SF
$252.48 CAD
Cap Rate
7.60%
NOI
$229,372 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,952 SF
Building FAR
0.38
Lot Size
0.72 AC
Zoning
O
Parking
60 Spaces (5.02 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage
1 1

PROPERTY TAXES

Parcel Number WARW-000247-000051-000000 Improvements Assessment $2,232,553 CAD
Land Assessment $273,416 CAD Total Assessment $2,505,969 CAD

PROPERTY TAXES

Parcel Number
WARW-000247-000051-000000
Land Assessment
$273,416 CAD
Improvements Assessment
$2,232,553 CAD
Total Assessment
$2,505,969 CAD
(843) 367-0291

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Contact the broker for more information about this property

CONTACT

  • Listing ID: 34578229

  • Date on Market: 2025-01-23

  • Last Updated:

  • Address: 470 Toll Gate Rd, Warwick, RI 02886

The Warwick/West Warwick Office Property at 470 Toll Gate Rd, Warwick, RI 02886 is currently available. Contact NAI ADVISORS for more information.

OFFICE PROPERTIES IN NEARBY NEIGHBORHOODS

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NNN at 7.6% CAP Rate, New 5 Year Leases | 470 Toll Gate Rd
(843) 367-0291 x

NNN at 7.6% CAP Rate, New 5 Year Leases | 470 Toll Gate Rd

Bob Berle
(843) 367-0291

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