115 Tripps Ln East Providence, RI 02915
For Sale
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This exceptional East Providence, Rhode Island commercial property presents a significant investment opportunity. The single-story, 209,927-square-foot building sits on a substantial 24.95-acre lot and boasts a prime location with easy access to Route 114 and the East Shore Expressway, placing it within a short commute of Providence (5 miles) and Boston (55 miles). The property features a mix of office space (129,160 sq ft), data center space (63,789 sq ft), and cafeteria space (11,176 sq ft), making it suitable for a variety of uses. Ample parking is provided with 849 spaces (4.04 per 1,000 sq ft). Built in 1979, the structure is of steel construction with a poured concrete slab foundation, flat roof, and thermal windows. The building includes multiple loading docks, a 100% dry sprinkler system, and four Caterpillar generators (700kw, 1000kw, 1250kw, and 2000kw). The property is zoned I1 Limited Manufacturing. Furniture, fixtures, and equipment may be available. This well-maintained property offers a rare combination of size, location, and amenities, presenting a compelling opportunity for a discerning buyer.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I1 · Riverside, RINo 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.