Office Suites with
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312-314 Waterman Ave, East Providence, RI 02914
Two separately metered office suites include secured parking off Williams Ave and an option for tenant-accessible build-to-suit space.
Space Size3,150 SF
Days on Market1141
Property Features for 312-314 Waterman Ave
General Information
Standard status
Active
Size
3,150 SF
Property subtype
OFFICE
Zoning
C-1
Lease Type
NNN
Building Details
Tenancy
Multi
Spaces For Lease
at 312-314 Waterman Ave Contact us- Floor
- 1
- Size
- 3,150 SF
- Type
- OFFICE
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
312 Waterman Ave $14/SF/Yr
• It is divided into two units that are separately metered for electricity and...
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Listing Agency:
Rodman Real Estate, Inc.
(401) 273-2270
Listed By:
Sheldon E Rodman
Source:
Moodyscre
Added: Jul 31, 2023
Changed: Sep 4
Last Checked: Sep 13 at 10:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rodman Real Estate, Inc.
Investment Insights
Based on property information with market context.
This property is divided into two office suites that are separately metered for electricity and gas (heat). Suite 312 Waterman Ave. offers approximately 3,150 square feet and includes a spacious reception/client waiting area, nine private offices (eight with sinks), a breakroom, storage areas, an IT/telco room, and two restrooms. Suite 314 Waterman Ave. is approximately 4,050 square feet and is currently an open area; the owner will build to suit. The space also includes access to an approximately 1,800 square foot open area that could potentially be used by the tenant.
Secured parking is accessed from Williams Ave. The property is zoned C-1 Office Business.
Overall, the configuration supports both fully improved office use and a build-to-suit option depending on tenant requirements.
Secured parking is accessed from Williams Ave. The property is zoned C-1 Office Business.
Overall, the configuration supports both fully improved office use and a build-to-suit option depending on tenant requirements.
Key Highlights
- Two office suites: 312 Waterman Ave. (approx. 3,150 SF) and 314 Waterman Ave. (approx. 4,050 SF)
- Both suites are separately metered for electricity and gas heat
- Secured parking with access from Williams Ave.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,075
Businesses Nearby
Explore this area
Business Placement
Demographics for 02914, RI
22,140
Population
10,082
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
82%
High-School Grad
4.9 sq mi
ZIP Area
4,518
Density / Sq Mi
$60,838
Median Household Income
$43,696
Median Earnings
$1,165
Median Rent
$309,600
Median Home Value
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Market
Lease Benchmarks for East Providence, RI
$17.14 /SF/Yr
Avg Asking Price
$12–$20.55 /SF/Yr
Price Range
8,361 SF
Avg Space Size
This space is priced 18% below the average of $17.14 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Two separately metered office suites include secured parking off Williams Ave and an option for tenant-accessible build-to-suit space.
Where is this office units located?
The property is located at 312-314 Waterman Ave East Providence, RI.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Two office suites: 312 Waterman Ave. (approx. 3,150 SF) and 314 Waterman Ave. (approx. 4,050 SF); Both suites are separately metered for electricity and gas heat; Secured parking with access from Williams Ave.
