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    120 Lambert Lind Hwy Warwick, RI 02886

    For Lease
    $12 SF/Yr ($5,395 /Mo)

    Warwick, RI Executive Office Space Available

    Lot size:
    5,395 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional office property, Ross-Simons Plaza, located at 120 Lambert Lind Hwy in Warwick, Rhode Island (zip code 02886), offers a total of 5,395 square feet of prime office space. Currently, the entire building is vacant and available for lease. The property is categorized as both Executive and Traditional Office space, making it suitable for a variety of business needs. Flexible lease options are available, accommodating spaces ranging from a minimum of 1,995 square feet to a maximum contiguous space of 3,400 square feet. Multiple tenancy is possible, allowing for the division of the space to suit different business requirements. The building's location in Kent County provides easy access to major transportation routes and amenities. This presents a unique opportunity for businesses seeking high-quality office space in a desirable Warwick location. The property is ready for immediate occupancy, offering a blank canvas for businesses to customize their ideal workspace. Interested parties are encouraged to inquire about lease terms and availability. The address is easily accessible via major roadways, making commuting convenient for employees and clients alike. This is a rare opportunity to secure a substantial and versatile office space in a prime Rhode Island location.

    Property Features for 120 Lambert Lind Hwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,395 SF
    Total Rate
    5395

    Unit(s) available at that property

    Space
    Suite 3
    Size
    1,995 SF
    Rate per SF
    $15
    Space
    Suite 4
    Size
    3,400 SF
    Rate per SF
    $12

    HighLights

    • $12.00 - $15.50 PSF, annual rent.
    • 1,995 SF office/retail suite in high‑traffic area with I‑295 & I‑95 access and ample parking.
    • 3,400 SF second‑floor office suite available May 2023.
    • Strong tenant mix including Edward Jones, Northeast Furs, and Fred Astaire Dance Studio; building features elevator and common restrooms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Annarummo & Associates Ins Insurance Agency Northeast Furs and Luxury ... Fur Service Fred Astaire Dance ... Dance School Financial Wize Mortgage ... Assisted Living Facility Edward Jones - Financial ... Financial Consultant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -71.4759939
    Latitude
    41.7288852

    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Office Property / Space - Warwick, RI Executive Office Space Available
    Where is this office property / space located?
    The property is located at 120 Lambert Lind Hwy Warwick, RI.
    What is the lease rate?
    The lease rate is $12-$15 SF/Yr.
    What are key features of this property?
    This property features: $12.00 - $15.50 PSF, annual rent.; 1,995 SF office/retail suite in high-traffic area with I-295 & I-95 access and ample parking.; 3,400 SF second-floor office suite available May 2023.
    Request Owner's contact information
    120 Lambert Lind Hwy Warwick, RI 02886
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    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
    120 Lambert Lind Hwy Warwick, RI 02886
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