1221 Post Rd Warwick, RI
3,408 SF building on 40,000+ SF lot, high visibility.
Property Features for 1221 Post Rd
General Information
- Standard status
- Active
- Size
- 3,408 SF
- Lot size
- 1.72 Acres
- Property subtype
- RETAIL
Listing office Rodman Real Estate, Inc. (401) 273-2270
Listing date Oct 28, 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 Rodman Real Estate, Inc.
Investment Insights
Based on property information with market context.
Key Highlights
- High‑visibility corner location with frontage on Post Road (State Route 1) and easy access from both streets.
- Zoned General Business District, allowing diverse commercial uses.
- High traffic count: 25,000‑30,000 ADDT on Post Road.
Local Financial Insights For Retail
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 | $64.6k | $18.96 |
| − Vacancy | −$1.7k | −$0.49 |
| EGI | $62.9k | $18.47 |
| − OpEx | −$18.9k | −$5.54 |
| NOI | $44.1k | $12.93 |
