HIGHLIGHTS
- Corporately Guaranteed By Concentra Health Services, Inc. (NYSE: CON)
- Concentra is the Nation's Leader in Occupational Medicine and Premier Provider of Urgent Care Services With 550+ Locations in 41 States
- 15+ Year Operating History at the Site Paired With a Recent 10- Year Extension Suggests Concentra is Dedicated to This Location
- Long-Term 10-Year NNN Lease With Attractive 2% Annual Increases and Minimal Landlord Responsibilities
- Trophy Location in Downtown Providence, RI - 221,557 Residents Within 3-Mile Radius of the Property
- Excellent Visibility Along Branch Ave and Close Proximity to I-95, Which Sees 142,000 Vehicles Per Day
OVERVIEW
Sands Investment Group is Pleased to Present Exclusively For Sale the 8,500 SF Concentra Urgent Care Located at 290 Branch Avenue in Providence, RI. This Deal Includes a Long-Term 10-Year NNN Lease With Attractive 2% Annual Increases and Minimal Landlord Responsibilities, Providing For a Unique Investment.
In Cooperation With ParaSell, Inc. , A Licensed Rhode Island Broker - Lic. #REC.0018146 BoR: Scott Reid - Lic. RI #REC.0018146
FOR SALE DETAILS
PRICE
$5,395,652 USD
PRICE/SF
$635 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Concentra Urgent Care - Providence, RI
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Drug Store, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.97 AC
LAND SF
42,253 SF
ZONING
M1
APN/PARCEL ID
PROV-740394-000000-000000
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512-543-4828
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