1291 Elmwood Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1291 Elmwood Ave
51,419 SF Specialty Building Offered at $4,500,000 at a 6.67% Cap Rate in Cranston, RI 02910
Investment Highlights
- NNN No owner responsibilities
- Leased to PREMIER EDUCAION PARTNERS, A national leader
- Going in 7 Cap with 2.5% annual increases for 11 years
Executive Summary
GREAT INVESTMENT OPPORTUNITY. NNN LEASED PROPERTY WITH ZERO OWNER RESPONSIBILITIES. Leased to PREMIER EDUCAION PARTNERS, A national leader in providing specialized schooling and in district services for K-12+ with 11 Years left on their lease. Going in Cap of 6.67 with 2.5% annual increases for 11 years.
Property Facts
| Price | $4,500,000 | Lot Size | 1.22 AC |
| Price Per SF | $88 | Building Size | 51,419 SF |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 6.67% | Year Built/Renovated | 1932/2018 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | Schools | Parking Ratio | 0.62/1,000 SF |
| Building Class | C | Cross Streets | Park Ave |
| Price | $4,500,000 |
| Price Per SF | $88 |
| Sale Type | Investment |
| Cap Rate | 6.67% |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | C |
| Lot Size | 1.22 AC |
| Building Size | 51,419 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1932/2018 |
| Tenancy | Single |
| Parking Ratio | 0.62/1,000 SF |
| Cross Streets | Park Ave |
1 of 1
PROPERTY TAXES
| Parcel Number | CRAN-000003-000002-000616 | Improvements Assessment | $2,648,200 |
| Land Assessment | $172,500 | Total Assessment | $2,820,700 |
PROPERTY TAXES
Parcel Number
CRAN-000003-000002-000616
Land Assessment
$172,500
Improvements Assessment
$2,648,200
Total Assessment
$2,820,700
zoning
| Zoning Code | B2 (B2) |
| B2 (B2) |
-
Power Broker Scott Veloso -
Residential Properties Ltd
1 of 12
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1291 Elmwood Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.