Paramount Properties Group
Listed by Paramount Properties Group
Unpriced
Smithfield Medical Center
Details
Property Type Office
Sub Type Medical Office
Square Footage 45,715
NOI $1,217,378
Occupancy 95.5%
Year Built 2006
Acreage 5.000
Zoning PD (Planned Development)
Parking Spaces 5 per 1,000 sq ft
Office | 45,715 SqFt
Marketing description
In 2023, the Rhode Island Medical Market was very stable across all submarkets with 8,648 square feet of positive absorption over the year. Over the first six months of 2024 there has been 9,275 square feet of positive absorption. 41 Sanderson Road is located in the Northern Rhode Island Medical Submarket which at 649,248 square feet is the third largest submarket. This submarket has the highest vacancy rate in the state at 18.14% with 40% of this vacancy in Johnston, RI.
Listing Contacts
Paramount Properties Group
Listed by Paramount Properties Group
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$1,217,378.00
$101,448.17/mo
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
