290 Branch Ave - Medical FOR SALE
Providence, RI 02904 |
290 Branch Ave
Providence, RI 02904
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 Triple Net (NNN) Lease with attractive 2.5% annual increases and minimal landlord responsibilities.
- Trophy location in downtown Providence, RI, with 221,557 residents within a 3-mile radius of the property.
- Excellent visibility along Branch Ave and close proximity to I-95, which sees 142,000 vehicles per day.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Concentra Urgent Care - Providence, RI
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
8500
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.97 AC AC
LAND SF
42,253 SF
ZONING
-
APN/PARCEL ID
PROV-740394-000000-000000
