963-969 Victory Hwy Burrillville, RI 02839
This exceptional investment opportunity presents a 5,015 square foot, fully occupied, multi-tenant storefront property located at 963-969 Victory Hwy, Burrillville, RI 02839. The property boasts a strong 8.00% cap rate and a substantial net operating income (NOI) of $64,675. The anchor tenant is the United States Post Office, which recently signed a five-year lease extension, providing exceptional security and stability. This two-story building, constructed in 1945, sits on a 0.32-acre lot and features a diverse tenant mix including a post office, apartment, office, and garage. The property is offered fee simple and benefits from its location within the Providence MSA, a thriving market with robust employment in healthcare, education, and government sectors. Major employers in the area include Lifespan Health System, Brown University, Rhode Island Hospital, and Amica Mutual Insurance, contributing to low vacancy rates and strong demand for commercial properties. Ongoing developments further enhance the area's economic growth potential. The property's APN is BURR M: 196 L:011. This is a rare opportunity to acquire a secure, high-performing investment property with a government-backed lease.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.