GREAT INVESTMENT OPPORTUNITY. PERFECT 1031 Exchange Property. 30,000+ square feet of fully rented space. All tenants have multi-year leases with options. Two buildings on just under 2 acres of high visibility traffic near the Cranston/Johnston line. This property has a long history of steady occupancy maintaining a strong cash flow through the best and worst of economic times. Working on a cap rate of approximately 8%, this investment is a proven solid performer. Annual income from the leases is over $300,000 Building was constructed to accommodate the addition of an entire second level above the 555 Atwood structure which could increase rental space by over 7500 sq ft. NOTE: This building was constructed in three phases. Phase one in 1962, phase two in 1975 and phase three in 1987. PLEASE NOTE THE CORRECT ASSESSED VALUE AND PROPERTY TAXES: Combined assessed value for both parcels is $1,849,900. Property taxes for the combined parcels is $51,475.