1193 Tiogue Ave UnitCoventry, RI 02816

This exceptional investment opportunity presents a unique mixed-use property situated on a substantial 108,900 square foot lot in Coventry, Rhode Island. The property, known as Benjamin Square, includes a two-story building constructed in 1980, offering a total of 5,000 square feet of vacant space. This versatile space is currently configured as mixed-office space, but its design allows for flexible adaptation. The layout can easily accommodate two separate 2,500 square foot office suites or remain as a single, larger 5,000 square foot unit, catering to a variety of business needs. The property's strategic location offers convenient access to major transportation arteries, being only 2.3 miles from Interstate 95, ensuring excellent regional connectivity. Local accessibility is also a key advantage. Furthermore, its proximity to Coventry High School adds to its appeal. The property is offered at an asking price of $8.95 million, with a cap rate of 3.75%. The lease terms are NNN (Net, Net, Net). This presents a compelling investment opportunity for those seeking a versatile property in a desirable location with strong potential for growth and return. The property consists of one building with one unit. The property is classified as Land, Office, Industrial, and Mixed Use.