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Middletown Office Hub Opportunity
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127 Johnny Cake Hill, Middletown, RI 02842

Commercial building with flexible office spaces and lease terms.

Space SizeContact for details
Property Size11,848 SF
Days on Market670

Property Features for 127 Johnny Cake Hill

General Information

Standard status Active
Size 11,848 SF
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 11,848 SF
Year Built 1980
Tenancy Multiple

Spaces For Lease

at 127 Johnny Cake Hill Contact us

SEVERAL OPTIONS AVAILABLE

Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Kirby & Kirby
Listed By: Molly Kirby · License #REB.0019291
Source: Crexi
Added: Oct 31, 2024 Changed: Aug 16 Last Checked: Aug 29 at 1:46PM

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 Kirby & Kirby

Investment Insights

Based on property information with market context.

Located at 127 Johnny Cake Hill Road, the Middletown Office Hub provides a range of office spaces suitable for various business requirements. Lease arrangements are flexible, spanning from 6 months to 3 years. The building includes a shared conference room for meetings and presentations, along with a communal kitchen area. It offers professional office solutions designed to accommodate different timelines and growth strategies. All utilities, including WiFi, are included in the lease. A 'Phase 2' expansion is planned, which will introduce larger spaces on the opposite side of the building.

Key Highlights

  • Flexible lease terms available, from 6 months to 3 years.
  • All utilities included, including WiFi.
  • Shared conference room access for meetings and presentations.

Property Analytics

Current Use

Dr. Jacob T. ... Physician Newport County Community ... Medical Clinic Dr. Marci A. McNicol Physician Christopher M. Reidy, ... Psychotherapist James Turanski Physician

Suggested Use

Top Pick Building Supply Restaurant Real Estate Agency Auto Repair Shop Law Firm Pharmacy

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

NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby

Demographics for 02842, RI

17,115
Population
8,255
Households
2.1
Avg Household Size
43
Median Age
49%
College-Educated
96%
High-School Grad
12.5 sq mi
ZIP Area
1,369
Density / Sq Mi
$97,650
Median Household Income
$47,307
Median Earnings
$1,906
Median Rent
$536,600
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Commercial building with flexible office spaces and lease terms.
Where is this office units located?
The property is located at 127 Johnny Cake Hill Middletown, RI.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Flexible lease terms available, from 6 months to 3 years.; All utilities included, including WiFi.; Shared conference room access for meetings and presentations.
(401) 324-0048 Call to check price and availability
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