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    27 Wellington Rd Lincoln, RI 02865

    For Lease
    Contact for pricing

    11,080 SF Executive Office/Lab Space

    Lot size:
    21,080 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 21,080-square-foot office and industrial property, situated on a 5.4-acre lot in Providence County, presents a unique opportunity. Currently, 11,080 square feet of meticulously renovated space is available for immediate occupancy. The building underwent a complete renovation in 2019, resulting in a modern and efficient layout. The available space boasts a custom design, perfectly suited for a variety of uses, including executive office space and flexible lab environments. Specifically, the space includes multiple lab areas designated for quality control, sample preparation, media, and modulation, all featuring cleanroom capabilities. Additional amenities include a fully equipped kitchen/cafeteria, ideal for employee convenience, and a finished loading dock area with an 8' x 10' door, ensuring efficient shipping and receiving. The property's strategic location within a north central business park offers easy access to major transportation arteries, including Routes 116 and 146, as well as Interstate 295, and proximity to North Central State Airport. The existing infrastructure allows for potential expansion, making this property an ideal long-term investment for businesses seeking a modern, functional, and conveniently located space. The single-tenant occupancy provides a unique opportunity for a company to establish a significant presence in a desirable location.

    Property Features for 27 Wellington Rd

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,080 SF

    Building Details

    Year Renovated
    2019

    Unit(s) available at that property

    Space
    Denison Pharmaceuticals
    Size
    11,080 SF

    HighLights

    • Office and industrial property totaling 21,080 square feet.
    • Single‑tenant occupancy with 11,080 square feet currently vacant.
    • 5.4‑acre lot in Providence County.
    • Renovated in 2019.
    • Features multiple lab areas (QA, sample prep, media, modulation), a kitchen/cafeteria, and a finished loading dock.
    • Offers expansion possibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lab-Ask Medical Laboratory iXblue Defense Sysems, ... Establishment

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4797588
    Latitude
    41.9261263

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    FAQs

    What type of property is this?
    Flex space - 11,080 SF Executive Office/Lab Space
    Where is this flex space located?
    The property is located at 27 Wellington Rd Lincoln, RI.
    What are key features of this property?
    This property features: Office and industrial property totaling 21,080 square feet.; Single-tenant occupancy with 11,080 square feet currently vacant.; 5.4-acre lot in Providence County.
    Request Owner's contact information
    27 Wellington Rd Lincoln, RI 02865
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    Lincoln, RI 02865
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    27 Wellington Rd Lincoln, RI 02865
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