Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1301 Atwood Ave Johnston, RI 02919

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    33,296 square feet of Class A office space available immediately.

    Property Features for 1301 Atwood Ave

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Matthew Fair
    Matthew Fair
    Source: Crexi

    Listing Agency: Cushman & Wakefield Hayes & Sherry Real Estate Service Listing Agent: Matthew Fair

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Class A Office Space Available

    This property offers approximately 33,296 square feet of Class A office space. The space is available for immediate occupancy.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Johnston
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4896848
    Latitude
    41.8123203

    Nearby Similar for Lease

    • $25 SF/Yr
      1,900 SF

      Furnished Offices in Johnston, RI

      Ready-to-operate, fully furnished offices in a shared professional environment.
      1312 Atwood Ave, Johnston, RI 02919
      View Details
    • $25 SF/Yr
      1,600 SF

      Renovated Flex Commercial Space Available

      1,600 SF renovated flex space for lease in Johnston.
      8 Dyerville Ave, Johnston, RI 02919
      View Details
    • $1,000 /Mo
      760 SF

      Office Space with High Visibility

      Office space for rent with utilities included and parking.
      655 Killingly St, Johnston, RI 02919
      View Details
    • $900 /Mo
      760 SF

      Versatile Commercial Space For Rent

      760 sqft commercial space suitable for various businesses.
      655 Killingly St, Johnston, RI 02919
      View Details
    • $4,995 /Mo
      2,452 SF

      Turnkey Restaurant with Outdoor Seating

      Turnkey restaurant with modernized interior, outdoor seating, and ample parking.
      1208 Atwood Ave, Johnston, RI 02919
      View Details
    • $3,500 /Mo
      3,132 SF

      Renovated Industrial Unit with Lift

      3132 SF renovated industrial unit with 10,000 lb lift.
      30 Starr St, Johnston, RI 02919
      View Details
    • $25 SF/Yr
      1,600 SF

      Renovated Flex Space Available

      Newly renovated flex space with drive-in door for lease.
      8-14 Dyerville Ave, Johnston, RI 02919
      View Details
    • Contact for pricing
      7,500 SF

      Commercial Space For Lease

      7500 sq ft commercial space available for lease.
      767 Hartford Ave, Johnston, RI 02919
      View Details
    • Contact for pricing
      7,420 SF

      Spacious Office Suites Available

      Flexible office spaces with amenities in a landscaped campus.
      1301 Atwood Ave, Johnston, RI 02919
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space on Atwood Avenue

      Retail suites available in high-traffic Johnston location.
      1577 Atwood Ave, Johnston, RI 02919
      View Details
    • Contact for pricing
      12,025 SF

      Versatile Space Near I-295

      Adaptable property suitable for automotive, light manufacturing, warehouse, and office uses.
      1678 Hartford Ave, Johnston, RI 02919
      View Details
    • Contact for pricing
      2,150 SF

      Renovated Retail Space with Drive-Thru

      Newly renovated retail strip center with ample parking and visibility.
      1501 Atwood Ave, Johnston, RI 02919
      View Details

    FAQs

    What type of property is this?
    Office units - 33,296 square feet of Class A office space available immediately.
    Where is this office units located?
    The property is located at 1301 Atwood Ave Johnston, RI.
    What are key features of this property?
    This property features: - ±33,296 sf of Class “A” Office Space; - Immediate Availability
    Request Owner's contact information
    1301 Atwood Ave Johnston, RI 02919
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1301 Atwood Ave
    Johnston, RI 02919
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1301 Atwood Ave Johnston, RI 02919
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Matthew Fair
    Matthew Fair
    Real Estate License ID: RES.0033233
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!