700 Quaker LnWarwick, RI 02886

Property Details for 700 Quaker Ln

Year built

1976

Construction

STEEL FRAME

Lot size

97.97 AC

Property size (Sq ft)

28,353 SF

Zone code

O

Property type

Commercial real estate

APN

WARW M:227 B:0004 L:0000

APU

WARWM227B0004L0000

Description

This exceptional Class A executive office building, located at 700 Quaker Lane in Warwick, Rhode Island, offers a rare opportunity for businesses seeking premium workspace. The property, built in 1976 and situated in Kent County (zip code 02886), boasts a total of 370,300 square feet across two suites. Currently, a significant portion of the building, totaling 198,476 square feet, is available for lease. Spaces range from a minimum of 34,729 square feet to a maximum contiguous space of 99,238 square feet, providing flexibility for various business needs. The building features recently renovated, professionally designed interiors with abundant natural light. Amenities include multiple kitchens, coffee bar stations, and numerous conference and huddle rooms, creating a modern and efficient work environment. This is a unique chance to secure a highly sought-after, forward-thinking office space in a desirable location. The property is ideally suited for a single large tenant or multiple tenants seeking significant space. The address is 700 Quaker Ln, Warwick, RI 02886.

• CAP approach

  CAP return

  Valuation

  6%

  $5,312,610

  6.5%

  $4,903,950

  7%

  $4,553,670

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,704,600

  Geo Method

  $3,704,600

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $9,654,750

  Retail / Commercial

  $4,950,910

  Mixed-Use / Specialty

  $4,933,260

  Hospitality / Lodging

  $3,619,370

  Office

  $4,903,950

  Institutional / Educational

  $5,128,600

  Residential Income

  $6,000,460

  Multifamily

  $7,196,630

  Automotive / Energy

  $4,395,940

  Parking / Income-Based Land

  $1,516,990

  Restaurant / Food Service

  $2,565,820

  Healthcare / Senior Housing

  $5,058,960

Location Insight

City

Warwick

County

Kent

State

Rhode Island

Latitude

41.6793

Longitude

-71.4956

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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