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288 Market St
Warren, RI 02885

$1,548,387 USD

Auto Dealership For Sale  •  14,500 SF

Property Details

  • Property Type Auto Dealership
  • Total Building Size 14,500 SF
  • Lot Size 0.74 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 7.75 %
  • Tenancy Multiple
0 Transit Score
59 Walk Score

Highlights

Practice Acquired by Large, National Veterinary Operator: Heart + Paw, known for its strong performance, acquired the practice in August 2021.
Approximately ±7 years remaining on the initial lease term with two, 5-year option periods to extend, offering a stable, long-term investment
Easy Access to Surrounding Markets: Conveniently accessible via major roads and highways, including Route 195, which sees over ±50,000 VPD
The property serves a population of over ±77,319 residents within a 5-mile radius, with an average income exceeding $147,355
Located just a short distance from the historic downtown area, known for its charming shops, restaurants, and cultural attractions
Heart + Paw is recognized for its successful operations and strong financial performance, backed by Waud Capital Partners
Cap Rate: 7.75 %

Public Transportation

AirportDriveWalkDistance
Rhode Island Tf Green International 31 min - 19.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Brian Brockman 513-300-0763 Bang Realty
Brian Brockman 513-300-0763 Bang Realty