Office for Sale in Providence, RI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Providence, RI 02909

Description

Please call 1-866-830-4284 for additional information on this property. Disclaimer: Please note, neither the US Postal Service (USPS), nor Jones Lang LaSalle Americas, Inc. (JLL) shall pay cooperating brokerage commissions. Tenant / Buyer Brokers shall seek commission compensation, if any, from the Tenant / Buyer only.

Market Context

This office in Providence, RI is listed for sale. It has been on the market for 26 days. Compare it against other office listings for sale in Providence, RI — <a href="/search/sale/office/rhode-island/providence">view the full market</a>.

As of Q4 2023, the Providence office market showed a 37.0% vacancy rate, average asking rents near $34.30/SF/yr, and rents up 5.6% year over year. Source: Consensus Q4 2023 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

Is the Providence office market tightening or softening?
Vacancy is around 37.0%, with asking rents rising year over year (Q4 2023).

Unified Estimate

Very Low Confidence

$28.93/SF – $39.13/SF

Mid: $34.03/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market tampa (similarity: 100%) with 15 comparable listings.

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