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    1350 Bald Hill Rd Warwick, RI 02886

    Sponsored
    For Lease
    $18 SF/Yr

    Prime Warwick, RI medical retail space.

    Lot size:
    159,958 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Warwick Center, a Class A, 159,958 square foot medical retail power center in Warwick, Rhode Island, offers an exceptional opportunity. Located at 1350 Bald Hill Road, this property boasts a highly visible location on a 15-acre site at a signalized intersection along the vibrant Bald Hill Road commercial corridor, directly across from Market Basket and Home Depot. Built in 2004 and extensively renovated in 2022, the center features six single-story buildings with a total of 657 parking spaces. Currently, 13,867 square feet of space is available, divisible into units ranging from 5,000 to 11,377 contiguous square feet. The space features abundant storefront glass, high ceilings, and excellent visibility. The center benefits from multiple ingress/egress points, pylon signage, professional landscaping, and strong demographics, with over 32,000 vehicles passing daily and over 201,000 residents within a 15-minute drive. Enjoy convenient access via Route 2, which intersects with Routes 4, I-95, and I-295. This thriving center is anchored by a diverse tenant mix including Party City, The Edge Fitness Clubs, Barnes & Noble Booksellers, DSW, and Ulta Beauty, and is situated near other major retailers such as Target, Trader Joe's, and Warwick Mall. This is an ideal location for medical retail businesses seeking high visibility and strong traffic counts in a well-established and highly desirable area.

    Property Features for 1350 Bald Hill Rd

    General Information

    Property type
    Medical space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    159,958 SF
    Class
    A
    Total Rate
    239937

    Building Details

    Year Built/Renovated
    2004/2022
    Buildings
    6
    Stories
    1

    Unit(s) available at that property

    Space
    R5-Suite 1
    Size
    11,377 SF
    Rate per SF
    $28
    Property Profile Location Intelligence

    Current Use by Public Records

    DSW Designer Shoe ... Shoe Store Party City Costume Store A-List Athletics Gym Rockstar Cheer Rhode ... Gym The Paper Store Gift Shop

    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
    -71.492382
    Latitude
    41.7018994

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    FAQs

    What type of property is this?
    Medical space - Prime Warwick, RI medical retail space.
    Where is this medical space located?
    The property is located at 1350 Bald Hill Rd Warwick, RI.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    Request Owner's contact information
    1350 Bald Hill Rd 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
    1350 Bald Hill Rd Warwick, RI 02886
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