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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
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
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