For Sale
$975,000
1131 Warwick AveWarwick, RI 02888
High-yield medical office, 100% occupied.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 117
Highlights
- $975,000 asking price for a 4,192 SF Class C medical office building.
- Located at 1131 Warwick Ave, Warwick, RI 02888, on a 0.43-acre lot.
- 100% occupancy with a single tenant under a NNN lease expiring 6/28/2027 (2.6 years remaining).
- $122,658 NOI yielding a 12.58% cap rate; $232.59/SF.
- Features 3% annual rent bumps and ample parking.
Property Details for 1131 Warwick Ave
- Property type
- Office properties, Medical offices
- Square Feet
- 4,192 SF
- Class
- C
- Stories
- 2
- Lot Size (sq. ft)
- 18,731 SF
Location Insight
- City
- Warwick
- County
- Kent
- State
- Rhode Island
- Latitude
- 41.7454388
- Longitude
- -71.4066942
1131 Warwick Ave, Warwick, Rhode Island
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