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32731395
31636619

4 Blackstone Valley Place, Lincoln, RI 02865 For Sale

LM
RI REB 0019529
MG Commercial
WR
RI Res.0049709, MA 9630461-RE-RES
MG Commercial
Listed by MG Commercial
$3,800,000
96 days on market
Updated 19 days ago

4 Blackstone Valley Place

Details
Property Type Office
Sub Type Traditional Office, Flex
Square Footage 22,643
Units 1
Cap Rate 8.78%
NOI $333,593
Occupancy 100%
Tenancy Single
Brand/Tenant Hasbro, Inc.
Lease Type NNN
Class A
Year Built 1991
Year Renovated 2023
Lot Size (SqFt) 92,114
Zoning ML-0.5
Investment Type Net Lease

4 Blackstone Valley Place, Lincoln, RI 02865

Marketing description

Introducing a prime investment opportunity at 4 Blackstone Valley Pl, Lincoln, RI. This impressive 22,643 SF building, is 100% leased by Hasbro, Inc. (NASDAQ: HAS). Constructed in 1991 and thoughtfully renovated in 2023, this property exudes modern appeal and functionality. Zoned ML-0.5, it offers versatile potential for various office and flex uses. Positioned in the sought-after Lincoln area, this property promises an attractive return on investment and a solid addition to any commercial real estate portfolio.

4 Blackstone Valley Place is strategically located in the heart of the Blackstone Valley, one of Northern Rhode Island's most established commercial corridors. The property offers exceptional regional accessibility, situated just minutes from Route 146, providing direct north-south connectivity between Providence and Worcester, MA. This prime positioning allows for efficient access to Interstate 95, downtown Providence, and the greater Boston metropolitan area. The property is surrounded by a strong mix of professional offices, corporate campuses, medical users, and technology firms, reinforcing its appeal as a business-focused environment. Tenants benefit from close proximity to Lincoln Mall, Smithfield Crossing, and other nearby retail amenities offering restaurants, banking, fitness centers, and daily services.

Investment highlights

  • NNN investment opportunity
  • 100% leased by Hasbro, Inc., with renewal options
  • Recently renovated and developer owned
  • Located adjacent to Blackstone Center office park

Listing Contacts

LM
RI REB 0019529
MG Commercial
WR
RI Res.0049709, MA 9630461-RE-RES
MG Commercial
Listed by MG Commercial

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$333,593.41
$27,799.45/mo

Valuation Metrics

0
DSCR
8.78%
Cap Rate
8.78%
ROI

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Additional Information

Name
Leeds Mitchell
License
REB 0019529
Name
Whitney Rugg
License
Res.0049709
Brokerage
MG Commercial Real Estate
Brokerage Phone
4017513200
Title
Sales Associate
Brokerage Address
365 Eddy Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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