198 Thames Street

Retail on Thames Street

Property Description

Retail space now available for lease in Downtown Newport. Located right on Thames Street, this location benefits from high foot and vehicular traffic along with excellent street frontage.

Property Details

Address: 198 Thames, Newport, RI

Lease Price: $4,680/Month

Bathrooms: 1

Sewer: Public Connected

Water: Public Connected

Available Space: ~1,260 SqFt

Taxes: $371.64/ Month [1/6 of real estate taxes]

Unit Descriptions:

This space experienced flooding in the spring of 2020 and is in need of finish work. The responsibility of this work is negotiable between the tenant and landlord

Location: Downtown Newport

Road: Thames Street

Frontage: Excellent

Rent Increases: 5 years fixed

Term: 5 years preferred

Deposit: Equivalent of two month's rent preferred

Parking: N/A

Electric: Tenant Responsible

Heat / Air: Tenant Responsibility

Internet: Tenant Responsibility

Available Date: Immediately

Financial: Tenant must prove financial strength