Chase Bank Branch with
For Sale
Contact for pricing
175 Atwood Ave, Cranston, RI 02920
Corner-parcel branch at a signalized intersection serving two commercial corridors.
Property Size3,470 SF
Days on Market143
Property Features for 175 Atwood Ave
General Information
Standard status
Active
Size
3,470 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Horvath & Tremblay
Listed By:
Bob Horvath · License #CT 756500
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 3:03PM
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 Horvath & Tremblay
Investment Insights
Based on property information with market context.
This Chase Bank branch is a 3,470-square-foot new-construction facility on a corner parcel, with two dedicated drive-through lanes. The property is subject to a 20-year ground lease signed by Chase Bank, with 19+ years remaining and five, five-year renewal options. Rent commencement occurred on 07/10/2020, and the lease provides for 10% rent increases every five years during the initial term and renewal periods.
The branch occupies the signalized intersection of Atwood Avenue, also identified as RI Route 5, and Phenix Avenue, identified as RI Route 12, at 175 Atwood Ave in Cranston, Rhode Island. Both roads function as established commercial corridors with businesses, national tenants, and professional centers in the surrounding area.
The branch occupies the signalized intersection of Atwood Avenue, also identified as RI Route 5, and Phenix Avenue, identified as RI Route 12, at 175 Atwood Ave in Cranston, Rhode Island. Both roads function as established commercial corridors with businesses, national tenants, and professional centers in the surrounding area.
Key Highlights
- 3,470‑square‑foot Chase Bank branch under a 20‑year ground lease
- 19+ years remaining on the current lease term
- Five, five‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
833
Businesses Nearby
172k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Groceries 23%
Dining 14%
Beauty & Spa 1%
Stop & Shop
Groceries
39,312 visits/mo
0.2 miles
Ocean State Job Lot
Shops & Services
19,412 visits/mo
0.2 miles
Dunkin' Donuts
Dining
16,656 visits/mo
0.1 miles
Dollar Tree
Shops & Services
14,670 visits/mo
0.1 miles
Speedway
Shops & Services
14,210 visits/mo
0.4 miles
Demographics for 02920, RI
37,791
Population
15,052
Households
2.5
Avg Household Size
43
Median Age
32%
College-Educated
88%
High-School Grad
8.9 sq mi
ZIP Area
4,246
Density / Sq Mi
$79,246
Median Household Income
$51,811
Median Earnings
$1,271
Median Rent
$336,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - Corner-parcel branch at a signalized intersection serving two commercial corridors.
Where is this bank located?
The property is located at 175 Atwood Ave Cranston, RI.
What are key features of this property?
This property features: 3,470‑square‑foot Chase Bank branch under a 20‑year ground lease; 19+ years remaining on the current lease term; Five, five‑year renewal options
