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    10 Quaker Ln Warwick, RI 02886

    Sponsored
    For Lease
    $16 SF/Yr ($3,668 /Mo)

    Free-standing retail space, ample parking.

    Lot size:
    2,751 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,751-square-foot free-standing building, formerly a Pizza Hut, presents a remarkable opportunity for retail or restaurant use. Situated at the high-traffic intersection of Quaker Lane and Centerville Road in Warwick, Rhode Island, this property boasts unparalleled street visibility and ample parking, ensuring convenient access for customers. Built in 1978, the building sits on a 0.61-acre lot and is currently vacant, offering a blank canvas for a new business. The single-tenant occupancy provides flexibility and control, while the substantial square footage allows for diverse layout options. Located in Kent County, the property's address is 10 Quaker Lane, Warwick, RI 02886. Its prime location and ample parking make it an ideal space for a variety of businesses seeking high visibility and convenient customer access. The property is ready for immediate occupancy, presenting a unique chance to establish a thriving business in a bustling area. This is a rare opportunity to acquire a well-positioned, free-standing building in a desirable location.

    Property Features for 10 Quaker Ln

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,751 SF
    Total Rate
    3668

    Building Details

    Year Built
    1978

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,751 SF
    Rate per SF
    $16

    HighLights

    • Free‑standing building with ample parking.
    • High‑visibility corner lot at Quaker Lane/Centerville Road intersection.
    • High‑traffic intersection.
    • Across from Cumberland Farms.
    • 15,021 vehicles per day on Quaker Lane.
    • 23,922 vehicles per day on Bald Hill Road connector.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.5012112
    Latitude
    41.6959914

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    FAQs

    What type of property is this?
    Restaurant - Free-standing retail space, ample parking.
    Where is this restaurant located?
    The property is located at 10 Quaker Ln Warwick, RI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Free-standing building with ample parking.; High-visibility corner lot at Quaker Lane/Centerville Road intersection.; High-traffic intersection.
    Request Owner's contact information
    10 Quaker Ln Warwick, RI 02886
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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
    10 Quaker Ln Warwick, RI 02886
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