1950 Bronco Hwy, Glendale, RI
Two spacious units in a high-traffic Burrillville location.
- Added:
- Nov 22, 2024
- Days on Market:
- 568
- Last Refresh:
- May 20 at 8:40 pm
Property Features for 1950 Bronco Hwy
General Information
- Standard status
- Active
- Size
- 3,461 SF
- Lot size
- 3.56 Acres
- Property subtype
- RETAIL
Listing agent Robert Fox License #RES.0045429
Listing office NAI Advisors - Providence (401) 214-2434
Listing date Nov 22, 2024
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 NAI Advisors - Providence
HighLights
- Prime location in the bustling Burrillville area
- Two spacious units for versatile retail or restaurant concepts
- High visibility for increased foot traffic
- Ample parking for customer convenience
- Versatile space for tailored retail or restaurant experiences
- Modern infrastructure for optimal operational efficiency
Overview
Local Financial Insights For Specialty 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 | $62.3k | $18.00 |
| − Vacancy | −$6.4k | −$1.85 |
| EGI | $55.9k | $16.15 |
| − OpEx | −$14.0k | −$4.04 |
| NOI | $41.9k | $12.11 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Glendale
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.6458
- Latitude
- 41.9651
