2105-2107 Hartford Ave
Land | 7.79 acres
Marketing description
Marcus & Millichap is pleased to present the opportunity to acquire a 7.79-acre
parcel of land at 2105-2107 Hartford Avenue in Johnston, Rhode Island. The
property is located at a signalized intersection on Hartford Avenue, also known
as Route 6 or G.A.R. Highway, and is directly across from a newly opened 3.8
million square foot Amazon distribution facility that operates 24/7 and employs
thousands of workers around the clock. The very first property on your right as
you take exit 9C off the highway, the parcel can be developed to offer superior
visibility from I-295, an interstate highway that is traveled by nearly 100,000
vehicles per day.
Located in the B-3 Interchange Zoning District, the site offers a number of
possibilities for development by right, including everything from retail and
multi-family to office and light manufacturing uses. Hospitality is another use
permitted by right, which is particularly relevant given that the site is just 15
minutes from TF Green International Airport and 10 minutes from downtown
Providence, combined with its adjacency to a newly built 50-bed Encompass
Health Rehabilitation Hospital, a 53,000 square foot state-of-the-art facility that
provides inpatient rehabilitation support for patients suffering from illness or
injury.
Whether a collection of restaurants or a childcare center to serve the thousands
of Amazon workers across the street, a pharmacy or a hotel that serves business
travelers and family members visiting patients at the rehab hospital across the
parking lot, an indoor storage facility or warehouse right off the highway or some
combination of the above, the site offers an exciting opportunity for developers
looking to take advantage of the recent developments in the immediate area.
Investment highlights
Directly across Route 6 from a newly opened 3.8M SF Amazon distribution facility that operates 24/7 and employs thousands of workers
Adjacent to Encompass Health Rehab Hospital, a newly built 50-bed inpatient rehabilitation facility that supports patients suffering from injury or illness
The very first property off the exit from I-295, an interstate highway that sees >96,000 VPD
Located at a signalized intersection on G.A.R. Highway, a 4-lane interstate highway that runs from California to Massachusetts, which brought >30,000 VPD past the site prior to the existence of the Encompass and Amazon facilities, which have surely increased those counts significantly
Situated in the Interchange B-3 Zoning District, the site allows for a wide variety of uses by right, including retail, multi-family, office, hospitality, and light manufacturing, among others
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