51 Worthington Rd - Manufacturing FOR SALE


Cranston, RI 02920
$2,875,000 USD
401-384-0472
51 Worthington Rd, Cranston, RI for Sale
$2,875,000 USD
Manufacturing - FOR SALE
1/4
null | 7.69% Cap Rate

51 Worthington Rd
Cranston, RI 02920


HIGHLIGHTS

  • Brand new 358 Panel Solar Array with a 20 year lease agreement with Rhode Island Rene
  • 100% NNN Leased. Newly executed lease extension to October 31, 2029
  • 2023 New Roof with a 20 year warranty
  • 2024 New Electrical Transformer
  • Easy access to two major highways: Routes 95 & 295
  • New Led Lighting throughout the building installed by RISE Energy

OVERVIEW

Prime Investment Property has two separate sources of income.

FOR SALE DETAILS

PRICE

$2,875,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

7.69%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

15 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.09

LAND SF

47,480

ZONING

M2

APN/PARCEL ID

CRAN-000010-000004-000758

ASK ABOUT THIS PROPERTY

Anthony SilvestriSilvestri Leasing CompanyMore Info
401-384-0472

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Anthony SilvestriSilvestri Leasing CompanyMore Info
401-384-0472

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