Properties For Lease

Corner redevelopment site comprised of 559 and 577 Killingly Street in Johnston, RI at just over 1 acre. The site is located 0.1 miles from the lighted intersection at Borden Avenue resulting in frequent traffic stacking. Traffic counts are over 20k at the intersection of Killingly and King which is 3 blocks ahead per Costar. This site is also located 0.2 miles from the Route 6 Freeway – a major highway bypass that connects Interstate 295, Interstate 95 and the Route 10 Freeway. This site is located 2.3 miles from Interstate 295 and 4.5 miles from Interstate 95.

The property is currently 79% leased and there is an opportunity to collect rents while this site is engineered and planned for redevelopment.
The property is zoned “B-2”, a general business zone. Use as a bank or office property is permitted. A retail or service use with drive thru window is by special permit as are uses as a gas station/c-store, car wash, and auto body/sales/repair.

Investment Highlights:

• Corner Redevelopment Site on 1 Acre w/ Current Rental Income
• 0.2 Miles from Route 6 Freeway
• Less than 1 Mile from Providence
• 20k Average Daily Traffic
• B-2 Zone — Drive Thru Fast Food/Bank, Gas w/ C-Store and Car Wash by Special Permit