51 Worthington Road, Cranston, RI
Industrial for Sale - $2,875,000 - 22,525 Sq. Ft. on 1.09 acres
Agent Info
| ANTHONY SILVESTRI |
Property Info
| CIMLS# | 1166460 |
| Location 51 Worthington Road Cranston RI 02920 | |
| Updated | October 2nd, 2024 |
| Type | Industrial |
| Price | $2,875,000 |
| Building | 22,525 Sq. Ft. |
| Land | 1.09 acres |
Property Description
22525 square foot two-floor building for sale. 100$ NNN leased space. A brand new 358 solar array system has been installed on the roof. 2023 new roof with 20-year warranty. 2024 New Electrical transformer with 1200 AMPS, 600 Volts, 3 Phase; RISE LED lighting throughout; 2023 New heat and air conditioning. Duracore concrete decking 2nd floor. The fire alarm and sprinklers are up to code. Security System, fenced and gated back yard.
Financials
Recently executed extension of NNN Lease 11/01/2024-10/31/2029 with an annual net income of $165,559
173.63 Solar Array System with an annual net income of $55,486
Total yearly income = $221,045
