$1,125,000 at a 7% CAP 14 Cedar Swamp Rd 6,090 SF 100% Leased Office Building Smithfield, RI 02917 £847,575 (£139.17/SF) 6.85% Net Initial Yield



EXECUTIVE SUMMARY
5-Unit Retail Building on busy Cedar Swamp Road in Smithfield. Fully rented, excellent condition, attractive tenant mix.
Parking, Off-Street
Clear Signage
Perfect for owner/user or investor.
Parking, Off-Street
Clear Signage
Perfect for owner/user or investor.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
6,090 SF
Building Class
C
Year Built
1979
Price
£847,575
Price Per SF
£139.17
Net Initial Yield
6.85%
NOI
£58,042
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
3,177 SF
Building FAR
0.14
Lot Size
1.00 AC
Zoning
PD
1 of 1
PROPERTY TAXES
Parcel Number | SMIT-000043-000000-000104 | Improvements Assessment | £312,360 |
Land Assessment | £223,308 | Total Assessment | £535,667 |