Free-Standing Retail
1590 Post Rd Warwick, RI 02888
For Sale
Contact for pricing
Storefront windows, on-site parking, and a partial basement with up to 13,000 SF available in a subdividable layout.
Property Size14,950 SF
Price / SF$160.54
Days on Market272
Property Features for 1590 Post Rd
General Information
Standard status
Active
Size
14,950 SF
Property subtype
RETAIL
Listing Agency:
MG Commercial
(401) 465-9224
Listed By:
Dan Feiner · License ##RES.0029089
(401) 465-9224
Source:
Moodyscre
Added: Oct 31, 2025
Changed: Jul 29
Last Checked: Jul 29 at 5:36AM
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
Investment Insights
Based on property information with market context.
1590 Post Road is a 14,950 SF free-standing retail building offering up to approximately 13,000 SF available. The space can be subdivided to approximately 4,500 SF and includes a partial basement. The storefront is lined with windows, providing natural light, and the building features an open floor plan. An overhead door is included for deliveries.
The property provides parking in front and along both sides of the building, with the ability to expand into an additional adjacent lot. It covers a full block with significant frontage on Post Road, extending from Maryland to Massachusetts Avenue. Located directly on Post Road (Route 1), the site offers immediate access to the north and south cloverleafs of Route 37, connecting quickly to Interstate 95 and Interstate 295.
Set within a high-traffic trade area, 1590 Post Road is neighboring the new Cumberland Farms, with restaurants, banks, hotels, and TF Green International Airport just minutes away. The property also includes pylon signage and reports approximately 29,000+/- vehicles per day of daily traffic count.
The property provides parking in front and along both sides of the building, with the ability to expand into an additional adjacent lot. It covers a full block with significant frontage on Post Road, extending from Maryland to Massachusetts Avenue. Located directly on Post Road (Route 1), the site offers immediate access to the north and south cloverleafs of Route 37, connecting quickly to Interstate 95 and Interstate 295.
Set within a high-traffic trade area, 1590 Post Road is neighboring the new Cumberland Farms, with restaurants, banks, hotels, and TF Green International Airport just minutes away. The property also includes pylon signage and reports approximately 29,000+/- vehicles per day of daily traffic count.
Key Highlights
- 14,950 SF free‑standing retail building on a full block with significant frontage on Post Road (Route 1) (Map 310; Lot 266).
- Up to 13,000 +/- SF available and subdividable into approximately 4,500 SF units, plus a partial basement.
- Storefront is lined with windows for natural light and includes an overhead door for deliveries.
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 | $283.5k | $18.96 |
| − Vacancy | −$7.4k | −$0.49 |
| EGI | $276.1k | $18.47 |
| − OpEx | −$82.8k | −$5.54 |
| NOI | $193.3k | $12.93 |
14,950 SF · lease $18.96/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.76M
$2.42M – $3.22M
NOI $193,258 @ 7.0% cap · market cap 8.05%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.74M
$3.28M – $4.37M
NOI $262,103 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Storefront windows, on-site parking, and a partial basement with up to 13,000 SF available in a subdividable layout.
Where is this retail space located?
The property is located at 1590 Post Rd Warwick, RI.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 14,950 SF free‑standing retail building on a full block with significant frontage on Post Road (Route 1) (Map 310; Lot 266).; Up to 13,000 +/- SF available and subdividable into approximately 4,500 SF units, plus a partial basement.; Storefront is lined with windows for natural light and includes an overhead door for deliveries.
