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290 Branch Ave Providence, RI

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NNN leased urgent care in downtown Providence with annual increases.

Type:OFFICE
Property size:
8,500 SF
Lot size:
0.96 Acres
Added:
May 12, 2025
Days on Market:
335
Last Refresh:
Apr 5 at 10:57 pm

Property Features for 290 Branch Ave

General Information

Standard status
Active
Size
8,500 SF
Lot size
0.96 Acres
Property subtype
OFFICE

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Listing Contact
John Mansour

Listing agent John Mansour

Listing office Sands Investment Group (SIG) | Austin

Listing date May 12, 2025

Source Moodyscre

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 Sands Investment Group (SIG) | Austin


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 Pediatrician Concentra Urgent Care Urgent Care Center Dr. Matthew Mitchell Physician Alexander Perdikis Physician Dr. Steven Ritucci Physician

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Similar Places Nearby

  • Petco Vaccination Clinic 585 N Main St, Providence, RI 02904
  • City Kitty Veterinary Care for Cats 400 Hope St, Providence, RI 02906
  • Vetco Total Care Animal Hospital 585 N Main St, Providence, RI 02904
  • Mercurio Sarah DVM 400 Hope St, Providence, RI 02906

Location Insight

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City
Providence
County
Providence
State
Rhode Island
Longitude
-71.4147
Latitude
41.8475

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.
(844) 474-4666 Call to check price and availability
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