1 Catamore Blvd
Spaces
For Sale/For Lease | 66,150 SF + IOS | East Providence, RI | Existing Cash Flow
Building description
The Klein Group of Marcus & Millichap is pleased to market 1 Catamore Blvd for sale or lease. Located within the Westminster Industrial & Office Park, this building has not been available for generations. Cleyens is in the process of vacating the space, creating a 54,516 SF opportunity for an owner/user or value-add investor.
This unique property includes 1.5 acres of paved outdoor storage, ideal for a user looking to park trucks, store materials outside, or utilize a 2:1,000 SF parking ratio in a manufacturing space.
Brown Health, the largest health network in Rhode Island, has shown a long-term commitment to its 7,481 SF space. Amedisys, a hospice provider, occupies the remaining office space. Clayens has ended operations at the building leaving the warehouse space available for lease or for an owner/user to occupy. With docks on both sides, the space lends itself to subdivision.
The roof-mounted solar project generates approximately $52,000 annually and is fully owned by the seller.
Building highlights
- Clayens has vacated the warehouse and will continue paying rent through the end of 2028.
- Includes an additional two acres of paved land.
- The warehouse space features loading on both sides, allowing for a multi-tenant configuration.
- Located within a premier industrial park, five miles from Downtown Providence.
Listing Contacts
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Additional Information
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