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99-101 W Natick Rd 7,000 sq ft 100% Let Retail Property Warwick, RI 02886 £1,114,565 (£159.22/sq ft)
INVESTMENT HIGHLIGHTS
- Signaled intersection with Cumberland Farms
- High Traffic Count, easy highway access
- Directly across from the Warwick Mall
- Ideal location for redevelopment
EXECUTIVE SUMMARY
Prime location available in Warwick, the retail hub of Rhode Island. This property can continue to be used as an investment or can be redeveloped into another long-term asset. Situated at a signaled intersection, along with Cumberland Farms, and shares an entrance to the Warwick Mall. This opportunity consists of 4 abutting lots, totaling 16,988 sqft (.39 acres). This site offers exceptional visibility and access. Take advantage of traffic visiting the 70 acre 1,000,000 square foot Mall and all of their national retailers, including: Macy's, Nordstrom Rack, Pandora, Victoria's Secret, Target, Old Navy, JC Penney, Jordan's Furniture, Apple Cinemas and many more. This assemblage of properties centers around the convergence of major traffic thoroughfares, Interstate 295 & 95, Route 2 (Bald Hill Road) and Route 5. Don't let this once in a lifetime opportunity pass you by.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Property Size
7,000 sq ft
Costar Property Class
B
Year Built
1980
Price
£1,114,565
Price per sq ft
£159.22
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Floor To Floor Height
10 ft
Plot ratio
0.41
Total Plot Size
0.39 ac
Use Class
GB - GB - General Business
Parking
22 Spaces (3.14 Spaces per 1,000 sq ft Leased)
Frontage
178 ft on West Natick Rd
AMENITIES
- Corner Lot
- Signage
- Signalised Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | WARW-000273-000377-000000 | Improvements Assessment | £310,208 |
| Land Assessment | £134,645 | Total Assessment | £444,853 |
PROPERTY TAXES
Parcel Number
WARW-000273-000377-000000
Land Assessment
£134,645
Improvements Assessment
£310,208
Total Assessment
£444,853
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99-101 W Natick Rd
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