Flex Space with Heated
For Sale
Contact for pricing
100 Central Street, Warwick, RI 02886
A separate office component provides three private offices and a reception area alongside the warehouse.
Property Size2,158 SF
Lot Size0.19 Acres
Price / SF$0.01
Days on Market11
Property Features for 100 Central Street
General Information
Standard status
Active
Size
2,158 SF
Lot size
0.19 Acres
Property subtype
Commercial
Warehouse & Industrial
Clear Height
14 ft
Warehouse Space
1,360 SF
Office Build-Out
800 SF
Building Details
Year Built
1977
Listing Agency:
Abbott Properties, LLC
(401) 732-0011
Listed By:
Karen Catuogno · License #REB.0018061
(401) 363-8888
Source:
Lockandkeyre
Added: Oct 7
Changed: Oct 16
Last Checked: Oct 16 at 9:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Abbott Properties, LLC
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Investment Insights
Based on property information with market context.
This flex property contains 2,158 square feet, divided between a 1,360-square-foot warehouse and 800 square feet of office space. The office area includes three offices and a reception area. Warehouse features include 14-foot clear span, a 12-foot overhead door, and heat. The building also has an updated fire system and a new HVAC system.
The 8,300-square-foot lot has more than 10 parking spaces, with new asphalt. The property is minutes from Routes 95 and 295 and was built in 1977.
The 8,300-square-foot lot has more than 10 parking spaces, with new asphalt. The property is minutes from Routes 95 and 295 and was built in 1977.
Key Highlights
- 2,158 SF total, including a 1,360 SF warehouse and 800 SF of office space
- Office area has three offices and a reception area
- 14‑foot clear span and 12‑foot overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,041
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,820
$200.8K
Cap Rate 7%
$143,443
$143.4K
Cap Rate 9%
$111,567
$111.6K
Market Conditions
NOI Build-Up for 2,158 SF
Gross rent
$15.0K $6.96/SF
− Vacancy
−$676 −$0.31/SF
EGI
$14.3K $6.65/SF
− OpEx
−$4.3K −$1.99/SF
NOI
$10.0K $4.65/SF
Area
Kent County, RI
Vacancy
4.50%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,820
Cap Rate 7%
$143,443
Cap Rate 9%
$111,567
Alternative Uses
Best Use
Flex RnD
$189.6K
$165.9K – $221.2K
NOI $13,272 @ 7.0% cap · market cap 82,950.00%
Second Best
Warehouse
$150.2K
$131.4K – $175.2K
NOI $10,511 @ 7.0% cap · market cap 65,693.75%
Theoretical Best
Specialty Retail
$540.5K
$472.9K – $630.6K
NOI $37,834 @ 7.0% cap · market cap 236,462.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
14 ft
Clear height
Location Intelligence
Trade Area within ½ mile
945
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02886, RI
29,373
Population
13,669
Households
2.1
Avg Household Size
47
Median Age
37%
College-Educated
93%
High-School Grad
15.8 sq mi
ZIP Area
1,859
Density / Sq Mi
$91,037
Median Household Income
$52,851
Median Earnings
$1,300
Median Rent
$334,400
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - A separate office component provides three private offices and a reception area alongside the warehouse.
Where is this flex space located?
The property is located at 100 Central Street Warwick, RI.
What are key features of this property?
This property features: 2,158 SF total, including a 1,360 SF warehouse and 800 SF of office space; Office area has three offices and a reception area; 14‑foot clear span and 12‑foot overhead door
