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21338017
21338018

470 Toll Gate Rd, Warwick, RI 02886

BB
RI RIREB.0019029, RI REB.0019029
NAI Advisors
Listed by NAI Advisors
$2,175,000
501 days on market
Updated 53 days ago

470 Toll Gate Rd - NNN Hospital, 7.6% Cap Rate

Details
Property Type Office
Sub Type Medical Office
Square Footage 11,344
Net Rentable (SqFt) 10,561
Units 4
Cap Rate 7.6%
NOI $165,325
Tenancy Multi
Remaining Term 5
Price per SqFt $192
Class C
Year Built 1980
Lot Size (SqFt) 31,386
Parking Spaces 60 spaces
Parking Per SqFt 5.29
Investment Type Stabilized

Office | 7.60% CAP | 11,344 SF

Marketing description

100% Occupied Medical Office across the street from the hospital. New five-year leases.

60 parking spaces

7.05% CAP

Investment highlights

100% Occupancy

New 5-year+ leases

60 parking spaces

Across from hospital - ideal medical office location

Listing Contacts

BB
RI RIREB.0019029, RI REB.0019029
NAI Advisors
Listed by NAI Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$165,325.00
$13,777.08/mo

Valuation Metrics

0
DSCR
7.6%
Cap Rate
7.6%
ROI

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Additional Information

Name
Bob Berle
License
RIREB.0019029
Brokerage
NAI Advisors
Title
Principal Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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