1291 Elmwood Ave - Schools FOR SALE


Cranston, RI 02910
$4,295,000 USD
401-368-4485
1291 Elmwood Ave, Cranston, RI for Sale
$4,295,000 USD
Schools - FOR SALE
1/11
null | 7.16% Cap Rate

1291 Elmwood Ave
Cranston, RI 02910


HIGHLIGHTS

  • NNN No owner responsibilities
  • Going in 7 Cap with 2.5% annual increases for 11 years
  • Leased to PREMIER EDUCAION PARTNERS, A national leader

OVERVIEW

GREAT INVESTMENT OPPORTUNITY. NNN LEASED PROPERTY WITH ZERO OWNER RESPONSIBILITIES. Leased to PREMIER EDUCAION PARTNERS, A national leader in providing specialized schooling and in district services for K-12+ with 11 Years left on their lease. Going in Cap of 6.67 with 2.5% annual increases for 11 years.

FOR SALE DETAILS

PRICE

$4,295,000 USD

PRICE/SF

$84 USD /SF

CAP RATE

7.16%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1932

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,143 SF

ZONING

B2

APN/PARCEL ID

CRAN-000003-000002-000616

ASK ABOUT THIS PROPERTY

Scott VelosoResidential Properties LtdMore Info
401-368-4485

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Scott VelosoResidential Properties LtdMore Info
401-368-4485

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.