Flex Space with Warehouse
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
(401) 885-5400
Listed By:
Michael Russo · License #REB.0017244
(401) 465-0417
Added: May 2, 2025
Changed: Aug 19
Last Checked: Aug 24 at 4:06PM
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.
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
Property Profile
Current Use
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
Explore this area
Business Placement
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
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
