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For Sale

Summit Medical Office Building

100 Highland Avenue,
Providence, RI 02906

Asset Snapshot

Distribution
Office Subtype
1976
Year Built
2020
Year Renovated
3
Floor Count
0.92 Acres
Land Area

Offering Summary

Investment Overview

100 Highland Avenue is a three-story, 27,180-square-foot, multi-tenant medical office building constructed in 1976. The elevator-served building contains a combination of medical and professional office suites ranging from approximately 800 to 5,300 square feet. It is currently approximately 93% occupied, with nine occupied suites and one 1,941-square-foot suite available for lease. The property accommodates more than 100 parking spaces and has a longstanding history of medical-office use. Its flexible suite configurations, established tenant base and available space provide stable in-place income with an opportunity to increase occupancy and revenue.


Investment Highlights

  • First-class medical office building
  • Free on-site and street parking
  • Walking distance to Miriam Hospital
  • Owner has upgraded and refurbished building
  • Elevator, handicap accessible
  • Flexible suite configurations

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$5,495,000
Asking Price

Investment Sales Broker

Leeds Mitchell IV, SIOR
MG Commercial

Market Insights