Multi-Unit Retail Strip
For Sale
Contact for pricing
887 Warwick Ave, Warwick, RI 02888
Retail center with refreshed vacant suites and multiple existing tenants.
Property SizeContact for details
Days on Market144
Property Features for 887 Warwick Ave
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
8.8%
Building Details
Tenancy
Multi
Listing Agency:
Elite Commercial Realty
(401) 479-6233
Listed By:
Michael Alves · License #REC.0016995
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 3:02PM
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 Elite Commercial Realty
Investment Insights
Based on property information with market context.
This retail strip center comprises 15 units, including four suites that are currently unoccupied and being marketed for lease. The vacant spaces have been cleaned and improved with new flooring and paint, while the other units have tenants in place. An 8.8 cap rate is identified for the property, and a full profit and loss statement is available. Tenant operations are to remain undisturbed during the showing process.
The property is located at 887 Warwick Ave in Warwick, Rhode Island, with the 02888 ZIP code. The offering includes an existing multi-suite retail configuration and a combination of occupied and available spaces within the center.
The property is located at 887 Warwick Ave in Warwick, Rhode Island, with the 02888 ZIP code. The offering includes an existing multi-suite retail configuration and a combination of occupied and available spaces within the center.
Key Highlights
- 15‑unit retail strip center
- Four vacant suites are being marketed for lease
- Vacant units feature new floors and paint
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
431
Businesses Nearby
149k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 60%
Dining 27%
Shops & Services 14%
Walmart
Superstores
89,272 visits/mo
0.5 miles
McDonald's
Dining
23,278 visits/mo
0.4 miles
Ocean State Job Lot
Shops & Services
15,447 visits/mo
0.3 miles
Wendy's
Dining
13,635 visits/mo
0.3 miles
AutoZone
Shops & Services
3,207 visits/mo
0.3 miles
Demographics for 02888, RI
19,578
Population
9,117
Households
2.1
Avg Household Size
46
Median Age
32%
College-Educated
96%
High-School Grad
5.9 sq mi
ZIP Area
3,318
Density / Sq Mi
$88,750
Median Household Income
$55,561
Median Earnings
$1,218
Median Rent
$318,100
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?
Strip mall - Retail center with refreshed vacant suites and multiple existing tenants.
Where is this strip mall located?
The property is located at 887 Warwick Ave Warwick, RI.
What are key features of this property?
This property features: 15‑unit retail strip center; Four vacant suites are being marketed for lease; Vacant units feature new floors and paint
