For Sale
$22,150,000
4300 Post RdEast Greenwich, RI 02818
7.03% Cap Rate, NNN Lease
Overview
- Added:
- Feb 13
- Days on market:
- 51
Highlights
- $22,150,000 asking price for a stabilized medical office investment.
- 7,433 square foot, Class C medical office building with a 7.03% cap rate.
- 100% occupancy with a credit-rated national tenant under a 7-year lease (expiring 6/30/2030), including two 5-year renewal options.
- $155,714 annual net operating income (NOI) with 2.5% annual rent bumps.
- Located in East Greenwich, Rhode Island, on a 0.32-acre lot with 18 parking spaces.
- Two-story building (built 1993, renovated 2020) with two units.
Property Details for 4300 Post Rd
- Property type
- Office properties, Medical offices
- Square Feet
- 7,433 SF
- Class
- C
- Year Built/Renovated
- 1993/2020
- Buildings
- 1
- Stories
- 2
- Lot Size (sq. ft)
- 13,939 SF
- Units
- 2
Location Insight
- City
- East Greenwich
- County
- Kent
- State
- Rhode Island
- Latitude
- 41.673539336986
- Longitude
- -71.447906901176
4300 Post Rd, East Greenwich, Rhode Island
Nearby Similar for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
