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    FOR LEASE
    Showrooms

    1400 Oaklawn Ave, Cranston, RI 02920

    130,000 SF 8.67 ac lot Built 1979
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US76-0146778
    1400 Oaklawn Ave, Cranston, RI 02920 For Lease
    $17,615,000 8,636 SF available
    1400 Oaklawn Ave, Cranston, RI 02920
    View Listing →
    Property summary
    AI-generated overview

    Marshalls Plaza, located at 1400 Oaklawn Ave in Cranston, Rhode Island (zip code 02920), offers exceptional retail opportunities. This shopping center encompasses a total of 129,907 square feet and currently has 20,656 square feet of vacant space available for lease. The property is categorized as a multi-tenant retail space, perfect for a variety of businesses. Units range in size from a minimum of 1,400 square feet to a maximum contiguous space of 12,020 square feet, providing flexibility for businesses of varying scales. The property is situated in Providence County and boasts a convenient location with excellent visibility and accessibility. A key feature is the availability of a new pad site with a drive-thru option, presenting a unique advantage for businesses requiring this type of convenient customer access. This presents a rare opportunity to establish a presence in a well-established shopping center within a thriving Rhode Island community. The property's location offers significant potential for attracting a substantial customer base. Interested parties are encouraged to inquire about the available spaces and lease terms.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1979
    Construction STEEL FRAME
    Total area 130,000 SF
    Lot 8.67 ac (377,665 SF)
    Zoning code C4
    APN CRAN M:18-3 L:1030 U:
    UPID US76-0146778
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Marshalls Department Store
    • Bob's Stores Footwear & Apparel Clothing & Fashion Store (Bike/Boat/Book/etc) Store
    • Amazon Locker - Ged Courier Service Postal Service
    • Jeffrey L. Jacobson, OD Physician
    • Ide Stephen R Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $23.63M
    Comparable Approach Comparable
    $16.29M
    Blend (final) Blend
    $17.62M
    Owner & transaction history
    Tbp Cranston LLC · 8 yrs held
    Tbp Cranston LLC
    since 2018
    1 recorded transaction
    2018
    $15.2M
    Zoning & alternative use
    C4 · Cranston, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $24.9M +38.6%
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    More about this property
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