4 Blackstone Valley Pl - Office FOR SALE


Lincoln, RI 02865
$3,800,000 USD
401-751-3200
4 Blackstone Valley Pl, Lincoln, RI for Sale
$3,800,000 USD
Office - FOR SALE
1/8
null | 8.78% Cap Rate

4 Blackstone Valley Pl
Lincoln, RI 02865


HIGHLIGHTS

  • NNN investment opportunity
  • 100% leased by Hasbro, Inc., with renewal options
  • Recently renovated and developer owned
  • Located adjacent to Blackstone Center office park

OVERVIEW

Introducing a prime investment opportunity at 4 Blackstone Valley Pl, Lincoln, RI. This impressive 22,643 SF building, is 100% leased by Hasbro, Inc. (NASDAQ: HAS). Constructed in 1991 and thoughtfully renovated in 2023, this property exudes modern appeal and functionality. Zoned ML-0.5, it offers versatile potential for various office and flex uses. Positioned in the sought-after Lincoln area, this property promises an attractive return on investment and a solid addition to any commercial real estate portfolio. 4 Blackstone Valley Place is strategically located in the heart of the Blackstone Valley, one of Northern Rhode Island’s most established commercial corridors. The property offers exceptional regional accessibility, situated just minutes from Route 146, providing direct north–south connectivity between Providence and Worcester, MA. This prime positioning allows for efficient access to Interstate 95, downtown Providence, and the greater Boston metropolitan area. The property is surrounded by a strong mix of professional offices, corporate campuses, medical users, and technology firms, reinforcing its appeal as a business-focused environment. Tenants benefit from close proximity to Lincoln Mall, Smithfield Crossing, and other nearby retail amenities offering restaurants, banking, fitness centers, and daily services.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

8.78%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building 5

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

105

LAND DETAILS

LAND ACRES

2.03 AC

LAND SF

88,427 SF

ZONING

ML-05

APN/PARCEL ID

LINC-000030-000760-000000

ASK ABOUT THIS PROPERTY

Leeds Mitchell IVMG Commercial Real EstateMore Info
401-751-3200

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Leeds Mitchell IVMG Commercial Real EstateMore Info
401-751-3200

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