Retail Warehouse with Lease Back Potential

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30565452
Property Subtypes: Free-Standing Building, Vehicle Related, Other
Status: Pending/Contingent
Building Size (RSF): 27,300 SF
Gross Building Area: See Agent
Gross Land Area: 5.58 Acres
Sale Price: $1,350,000
Unit Price: $49.45 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 1/4/2022

Overview / Comments

This 27,300± square foot property was built in 2004 and is currently owner occupied, utilized for the sale and distribution of motorcycle accessories. The property features showroom space, office space and warehouse space. There are multiple overhead doors, one shared loading dock and dual standby generators. The building sits on 5.85 acres of land and has 275 lined parking spaces. It is located just five minutes from the on/off ramp of I-95, just south of Route 102. Neighbors include Slater’s Exeter Auto Repair, and Richmond Diesel & Tire. Lease back option potential.

Additional Details

Nearest MSA: Providence-Warwick
County: Washington
Tax ID/APN: EX 46-2-5
Zoning: BUSINESS - B
Tenancy: Multiple Tenants
Property Condition: Excellent
Year Built: 2004
Total Parking Spaces: 275
Parking Type: Surface

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,763 14,031
Median Age: 41.68 42.46
Households: 2,121 5,043


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