93 North Campus
251 Ballardvale St, Wilmington, MA, 01887-1096, US
Asset Description
JLL is pleased to exclusively present the vacant sale offering of 100 Founders Drive in Woonsocket, RI. 100 Founders Drive is a 35,000 SF light manufacturing facility that is currently owned and occupied by Mearthane Products Company (MPC), a precision polyurethane technology group.
The property has 22’ clear heights, 3 dock doors and 4 drive-in doors. A 6,400 SF outbuilding is also offered in this vacant sale.
The asset is being offered as-is, free and clear of debt, and with no formal asking price.
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Attributes
Building area net
42,000 sf
Year built
1980
Clear height
22 ft
Number of loading docks
3
Media
Investment Highlights
The asset is offered at a period in which industrial vacancy remains historically low across New England and average asking rates continue to rise. Current market rental rates for relevant industrial product in this geography have now reached $11.00 NNN, a 12-month increase of nearly 10%.
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100 Founders Drive (0 Properties)
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Last updated
11 Sep 2024
