288 Market St - Auto Dealership FOR SALE
Warren, RI 02885 |
$1,548,387 USD
513-300-0763
288 Market St
Warren, RI 02885
HIGHLIGHTS
- Practice Acquired by Large, National Veterinary Operator: Heart + Paw, known for its strong performance, acquired the practice in August 2021.
- Approximately ±7 years remaining on the initial lease term with two, 5-year option periods to extend, offering a stable, long-term investment
- Easy Access to Surrounding Markets: Conveniently accessible via major roads and highways, including Route 195, which sees over ±50,000 VPD
- The property serves a population of over ±77,319 residents within a 5-mile radius, with an average income exceeding $147,355
- Located just a short distance from the historic downtown area, known for its charming shops, restaurants, and cultural attractions
- Heart + Paw is recognized for its successful operations and strong financial performance, backed by Waud Capital Partners
FOR SALE DETAILS
PRICE
$1,548,387 USD
PRICE/SF
$107 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Heart & Paw Animal Hospital | 7 YR Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Dealership
ADD'L SUBTYPES
Convenience Store, Fast Food, Medical
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1960
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.74 AC
LAND SF
32,234 SF
ZONING
-
APN/PARCEL ID
WARR-000021-000000-000112
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513-300-0763
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513-300-0763
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