15 Industrial Rd, Cranston, RI
26,494 SF fully leased industrial building with upside potential.
- Added:
- Jul 7, 2025
- Days on Market:
- 340
- Last Refresh:
- May 20 at 9:34 pm
Property Features for 15 Industrial Rd
General Information
- Standard status
- Active
- Size
- 26,494 SF
- Lot size
- 0.94 Acres
- Property subtype
- INDUSTRIAL
Listing agent George Paskalis, SIOR License #0019769 (401) 374-7038
Listing office MG Commercial (401) 374-7038
Listing date Jul 7, 2025
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
- 26,494 SF Fully Leased Industrial Building
- 100% Air‑Conditioned Facility
- Seller Financing Available
- Significant Future Upside
- (2) Tenants at Below Market Rents
- 2 Docks and 3‑Phase Power
Overview
Local Financial Insights For Industrial
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 | $198.7k | $7.50 |
| − Vacancy | −$1.2k | −$0.05 |
| EGI | $197.5k | $7.46 |
| − OpEx | −$59.3k | −$2.24 |
| NOI | $138.3k | $5.22 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cranston
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4576
- Latitude
- 41.788
