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50 Jefferson Park Rd 12,500 SF Office Building Warwick, RI 02888 For Sale 6% Cap Rate
Executive Summary
50 Jefferson Park Road is well located in an established business park just off Jefferson Boulevard and the I-95 on/off ramps. The Jefferson Boulevard corridor is one of the most highly desired locations in the state for national, regional and local industrial, sales/service type companies.
50 Jefferson Park Road is comprised of a 12,500 SF industrial facility, situated on 1.93 acres and home to McLeod Optical Company, Inc., (an EssilorLuxottica company), which occupies 100 percent of the property. The facility, built in 1969, is fully air-conditioned and offers sufficient office, power, and loading.
50 Jefferson Park Road is comprised of a 12,500 SF industrial facility, situated on 1.93 acres and home to McLeod Optical Company, Inc., (an EssilorLuxottica company), which occupies 100 percent of the property. The facility, built in 1969, is fully air-conditioned and offers sufficient office, power, and loading.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
12,500 SF
Building Class
C
Year Built
1985
Cap Rate
6%
Tenancy
Single
Building Height
1 Story
Typical Floor Size
12,500 SF
Building FAR
0.15
Lot Size
1.93 AC
Zoning
GI
Parking
64 Spaces (5.12 Spaces per 1,000 SF Leased)
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | WARW-000285-000293-000000 | Improvements Assessment | $936,655 CAD |
| Land Assessment | $436,275 CAD | Total Assessment | $1,372,930 CAD |
Property Taxes
Parcel Number
WARW-000285-000293-000000
Land Assessment
$436,275 CAD
Improvements Assessment
$936,655 CAD
Total Assessment
$1,372,930 CAD
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50 Jefferson Park Rd
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