290 Branch Ave Providence, RI

Listing agency Sands Investment Group (SIG) | Austin Show Phone

Listed by Mike Van Shellenback · License #TX 735640 Show Phone

Source Moodyscre

Added: May 12, 2025 Updated: Jul 10 at 11:54AM Checked: Jul 21 at 3:12AM

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Investment Insights

Based on property information with market context.

This 8,500 square foot property is occupied by Concentra Urgent Care, a national leader in occupational medicine and urgent care services with over 550 locations across 41 states, serving over 50,000 patients daily. The property is located at 290 Branch Avenue in Providence, RI, in a trophy location in downtown Providence, which has 221,557 residents within a 3-mile radius. The property has excellent visibility along Branch Avenue and is in close proximity to I-95, which sees 142,000 vehicles per day. It also benefits from ideal retail synergy, with close proximity to strong anchor tenants such as Walmart and Home Depot. The property is subject to a long-term 10-year NNN lease with attractive 2% annual increases and minimal landlord responsibilities. Concentra has a 15+ year operating history at this site, and their recent 10-year extension suggests a strong commitment to the location, making this a unique investment opportunity.

Key Highlights

• Long‑term 10‑year NNN lease with 2% annual increases.
• Concentra is the nation’s leader in occupational medicine.
• Trophy location in downtown Providence, RI with 221,557 residents within a 3‑mile radius.

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FAQs

What type of property is this?

Medical Office Space - NNN leased urgent care in downtown Providence with annual increases.

Where is this medical office space located?

The property is located at 290 Branch Ave Providence, RI.

What is the asking price?

The asking price for this property is $5,395,652.

What are key features of this property?

This property features: Long‑term 10‑year NNN lease with 2% annual increases.; Concentra is the nation’s leader in occupational medicine.; Trophy location in downtown Providence, RI with 221,557 residents within a 3‑mile radius.