401-374-7038
36 Bellair Ave, Warwick, RI for Sale
Warehouse - FOR SALE
1/6
null | 7.8% Cap Rate

36 Bellair Ave
Warwick, RI 02886
Warwick/West Warwick


HIGHLIGHTS

  • 73,436 SF Multi-Tenant Industrial Building
  • 100% NNN Leased - 3 Tenants
  • Recently Replaced Rubber Membrane Roof
  • Going In NOI - $545,000 w/Rent Increases
  • Long Term Rent Growth Market
  • Exceptional Central Location Along I-95 Corridor

OVERVIEW

36 Bellair Avenue is a 73,436 square foot multi-tenant industrial building, situated on 2.52 acres and well located near TF Green airport with exceptional access to I-95. The building consists of 16'8"-17' 4" clear ceiling heights with multiple dock positions accommodating each tenant leasing within the premises. A new rubber membrane roof was installed on a significant portion of the roof in 2022. The premises consists of (3) tenants and a rooftop solar lease generating an NOI of $545,000.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

7.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Leased Industrial Facility

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

16.666666666666668 Ft

DOCKS

6

DRIVE INS

1

PARKING SPACES

33

LAND DETAILS

LAND ACRES

2.6

LAND SF

113,256

ZONING

GB

APN/PARCEL ID

344 0053 0000,WARW-000323-000001-000000,WARW-000323-000005-000000,WARW-000344-000052-000000,WARW-000344-000054-000000,WARW-000344-000055-000000,WARW-000344-000571-000000

ASK ABOUT THIS PROPERTY

George PaskalisMG Commercial Real EstateMore Info
401-374-7038

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George PaskalisMG Commercial Real EstateMore Info
401-374-7038

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.