Warwick Medical

2080 Warwick Ave - Unit 1 Warwick, RI previous use 711 convenience store
Sep 05
2,400
sqft
Medical Retail Restaurant
55 Lambert Lind Hwy - Space Warwick, RI rental rate negotiable
Aug 28
2,700
sqft
Office Medical Retail

Warwick

Market Report

Number of Listings
Posted in the last 90 days
60
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
2,730

Warwick Rates

The typical asking rate per listing is in the $20's per square foot per year. The Warwick submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.

Compared to the rest of the Greater Boston market, the Warwick region has higher rates, and you'll need to pay a premium to be in this hot submarket.

Warwick Listing Supply

In the last 90 days, 243 listings have come on the market, so you'll want to check back regularly for new listings. About 18% of the office spaces in the Warwick are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,730 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1972 and are Class B.

Warwick Community

Market Data

Real time and historical data on commercial real estate listings in Warwick.
Research