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GEORGE PASKALIS, SIOR JULIE FRESHMAN MG COMMERCIAL Executive Vice President Vice President 365 Eddy Street, Penthouse Suite 401.751.3200 x303 401.751.3200 x309 Providence, RI 02903 [email protected] [email protected] 401.751.3200 | mgcommercial.com 1275 PARK EAST DRIVE Woonsocket, RI 02895 NET LEASE FLEX INVESTMENT PROPERTY FOR SALE

NET LEASE FLEX INVESTMENT PROPERTY FOR SALE · 1275 PARK EAST DRIVE Woonsocket, RI 02895 NET LEASE FLEX INVESTMENT PROPERTY FOR SALE. This information has been secured from sources

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Page 1: NET LEASE FLEX INVESTMENT PROPERTY FOR SALE · 1275 PARK EAST DRIVE Woonsocket, RI 02895 NET LEASE FLEX INVESTMENT PROPERTY FOR SALE. This information has been secured from sources

GEORGE PASKALIS, SIOR JULIE FRESHMAN MG COMMERCIALExecutive Vice President Vice President 365 Eddy Street, Penthouse Suite401.751.3200 x303 401.751.3200 x309 Providence, RI [email protected] [email protected] 401.751.3200 | mgcommercial.com

1275 PARK EAST DRIVEWoonsocket, RI 02895

NET LEASE FLEX INVESTMENT PROPERTY FOR SALE

Page 2: NET LEASE FLEX INVESTMENT PROPERTY FOR SALE · 1275 PARK EAST DRIVE Woonsocket, RI 02895 NET LEASE FLEX INVESTMENT PROPERTY FOR SALE. This information has been secured from sources

This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information. All references to age, sq. footage, income, and expenses areapproximate. Buyers should conduct their own independent investigations and rely only on those results.

GEORGE PASKALIS, SIOR JULIE FRESHMAN ---------------------------------Executive Vice President Vice President 365 Eddy Street, Penthouse Suite401.751.3200 x303 401.751.3200 x309 Providence, RI [email protected] [email protected] mgcommercial.com

LOCATION DESCRIPTIONLocated in the Highland Corporate Park in Woonsocket, Rhode Island,which is home and headquarters to CVS. There are numerouswell-known companies located in the Park. Route 99 (at the entranceto the Park) provides a convenient link to Route. 146 and I-295.Providence is just 20 minutes south and Boston is just 30 minutesnorth.

OFFERING SUMMARYSale Price: Subject To Offer

Building Size: 52,120 SF

Lot Size: 3.23 Acres

Zoning: I-1

Taxes: $84,000

Number of Units: 2

NOI: $509,573.35

Cap Rate: 8.49%

PROPERTY DESCRIPTION1275 Park East Drive is a 52,120 square foot first class office/warehouse facility located in Highland Corporate Park and is fullyleased to two Tenants, along with a long term solar rooftop lease.

PROPERTY HIGHLIGHTS• 52,120 SF Premier Office/Warehouse Facility

• 23,932 SF Office Space on 2 Levels

• Fully Leased - NNN Leases

• 4 Tailboard Docks, 1 Drive-in Door

• 24' Clear Height in Warehouse

• Highland Corporate Park (Home to CVS)

• Convenient Highway Access via Route 99

EXECUTIVE SUMMARY

NET LEASE FLEX INVESTMENT PROPERTY FOR SALE1275 PARK EAST DRIVE Woonsocket, RI 02895

Page 3: NET LEASE FLEX INVESTMENT PROPERTY FOR SALE · 1275 PARK EAST DRIVE Woonsocket, RI 02895 NET LEASE FLEX INVESTMENT PROPERTY FOR SALE. This information has been secured from sources

This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information. All references to age, sq. footage, income, and expenses areapproximate. Buyers should conduct their own independent investigations and rely only on those results.

GEORGE PASKALIS, SIOR JULIE FRESHMAN ---------------------------------Executive Vice President Vice President 365 Eddy Street, Penthouse Suite401.751.3200 x303 401.751.3200 x309 Providence, RI [email protected] [email protected] mgcommercial.com

First Floor Plan

Loading Docks

ADDITIONAL PHOTOS

NET LEASE FLEX INVESTMENT PROPERTY FOR SALE1275 PARK EAST DRIVE Woonsocket, RI 02895