290 Branch Ave Providence, RI 02904
NNN leased urgent care in downtown Providence with annual increases.
Property size:
8,500 SFLot size:
0.96 AcresProperty Features for 290 Branch Ave
General Information
- Size
- 8,500 SF
- Lot size
- 0.96 Acres
Source:
Moodyscre
Listing Agent: John Mansour
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Concentra Urgent Care Investment Opportunity
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.
Location Intelligence
Current Use by Public Records
Dr. Farzaneh Sarlak
Family Practice Physician
Concentra Urgent Care
Occupational Health Service
Dr. Matthew Mitchell
Physical Therapist
Alexander Perdikis
Physical Therapist
Dr. Steven Ritucci
Sports Medicine Physician
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4147471
- Latitude
- 41.8474853
Nearby Similar for Sale
FAQs
What type of property is this?
Medical office - NNN leased urgent care in downtown Providence with annual increases.
Where is this medical office 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.