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Flex Space with Warehouse Access
For Lease
$9 SF/Yr

342 Compass Circle, North Kingstown, RI 02852

Commercial/Business,Commercial Lease, North Kingstown, RI

Space Size10,000 SF
Days on Market480

Property Features for 342 Compass Circle

General Information

Property type Commercial Lease
Property subtype Other
Zoning QBPD
Parking 15
Interior features Ceiling Height (15 to 17 Ft)
Subdivision Quonset Business Park
Lot features Industrial Park, Suburban, Urban
Standard status Active
Size 10,000 SF

Taxes and HOA fees

Tax Year 2023

Utilities

Heating system Forced Air

Amenities

restrooms

Building Details

Year built 1953
Floors in Building 1
Number of units 1
Building materials Masonry
Listing Agency: Ri Real Estate Services
Listed By: Michael Russo · License #REB.0017244
Added: May 2, 2025 Changed: Aug 19 Last Checked: Aug 24 at 5:06PM
MLS# 1383959

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 10,000 SF flex space combines warehouse and office areas within a masonry building constructed in 1953. The property includes restrooms, forced-air heating, 16-foot ceilings, and two ground-level overhead doors, measuring 14 feet and 13 feet in height.

Located in Quonset, the property provides access to highways, air transportation, rail service, and the Port of Davisville. Ample parking is also available on site, supporting a range of industrial and commercial operations.

Key Highlights

  • 10,000 SF of flex space with warehouse and office areas
  • Two ground‑level overhead doors: 14' and 13' high
  • 16' ceilings with a listed 15 to 17 Ft ceiling‑height range

Property Analytics

Current Use

SC Technologies, Inc Big Box & Wholesale Store Contract Parts Cleaning Industrial Manufacturer Alerion Yachts (Bike/Boat/Book/etc) Store Kind Overhead Garage ... Building Supply Harrington Marine Group (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Spa & Massage Center Garden Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
2
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

108
Businesses Nearby
Balanced
Demand for This Use

Demographics for 02852, RI

23,579
Population
10,589
Households
2.2
Avg Household Size
47
Median Age
49%
College-Educated
96%
High-School Grad
30.8 sq mi
ZIP Area
766
Density / Sq Mi
$112,457
Median Household Income
$60,020
Median Earnings
$1,188
Median Rent
$461,700
Median Home Value

Market

Lease Benchmarks for North Kingstown, RI

$19.12 /SF/Yr
Avg Asking Price
$8.82–$30 /SF/Yr
Price Range
3,979 SF
Avg Space Size

This space is priced 53% below the average of $19.12 /SF/Yr.

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Lease opportunity combining warehouse and office areas with loading access, restrooms, and on-site parking.
Where is this flex space located?
The property is located at 342 Compass Circle North Kingstown, RI.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 10,000 SF of flex space with warehouse and office areas; Two ground‑level overhead doors: 14' and 13' high; 16' ceilings with a listed 15 to 17 Ft ceiling‑height range
More about this property
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