99 James P Murphy Ind Hwy, West Warwick, RI
Office space in West Warwick Business Park available for lease.
- Added:
- Nov 11, 2022
- Days on Market:
- 1312
- Last Refresh:
- May 19 at 8:30 pm
Property Features for 99 James P Murphy Ind Hwy
General Information
- Standard status
- Active
- Size
- 33,000 SF
- Lot size
- 7.80 Acres
- Property subtype
- OFFICE
Listing agent George Paskalis, SIOR (401) 374-7038
Listing office MG Commercial (401) 374-7038
Listing date Nov 11, 2022
Source Moodyscre
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 MG Commercial
HighLights
- Divisible space: Easily sub‑divided from 11,000 to 33,000 square feet.
- Exceptional highway access: Located just off I‑95.
- Central statewide location.
- Located in West Warwick Business Park.
- Amenities located on Route 2.
- Two hotels in the business park.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $681.1k | $20.64 |
| − Vacancy | −$140.8k | −$4.27 |
| EGI | $540.3k | $16.37 |
| − OpEx | −$135.1k | −$4.09 |
| NOI | $405.2k | $12.28 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- West Warwick
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.5183
- Latitude
- 41.6655
