Single-Story Flex Industrial
225 Dupont Dr Providence, RI 02907
For Sale
Contact for pricing
Single-story flex building with renovated 2020 office and industrial space, zoned M-1 light industrial.
Property Size30,000 SF
Lot Size2.50 Acres
Price / SF$150
Days on Market88
Property Features for 225 Dupont Dr
General Information
Standard status
Active
Size
30,000 SF
Lot size
2.50 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Sweeney Real Estate &Appraisal
(401) 523-5101
Listed By:
Thomas O Sweeney
(401) 523-5101
Source:
Moodyscre
Added: May 4
Changed: Jul 26
Last Checked: Jul 29 at 2:44PM
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 Sweeney Real Estate &Appraisal
Investment Insights
Based on property information with market context.
Located in Huntington Industrial Park at 225 Dupont Dr in Providence, this single-story flex building offers a mix of industrial and office space. The property was renovated in 2020 and includes approximately 25,000 SF of industrial space, with about 20,000 SF currently leased, plus roughly 15,000 SF of high-end office space. An additional 10,000 SF is unfinished. The building also features rooftop solar, 40+ parking spaces, and one loading dock.
The property is zoned (M-1) Light Industrial and is described as having heavy power. It also offers on/off RT-10 access. According to the remarks, the location provides quick access to I-95, RT-6, I-195, and Downtown Providence.
The property is zoned (M-1) Light Industrial and is described as having heavy power. It also offers on/off RT-10 access. According to the remarks, the location provides quick access to I-95, RT-6, I-195, and Downtown Providence.
Key Highlights
- 50,000± SF single‑story flex building on 2.5± acres in Huntington Industrial Park
- 25,000± SF industrial space with 20,000 SF currently leased
- 15,000± SF high‑end office space plus 10,000± SF unfinished space
Financial Insights For Flex RnD
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 | $666.0k | $22.20 |
| − Vacancy | −$46.6k | −$1.55 |
| EGI | $619.4k | $20.65 |
| − OpEx | −$216.8k | −$7.23 |
| NOI | $402.6k | $13.42 |
30,000 SF · lease $22.20/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$7.33M
$6.42M – $8.56M
NOI $513,338 @ 7.0% cap · market cap 11.41%
Second Best
Flex RnD
$5.75M
$5.03M – $6.71M
NOI $402,597 @ 7.0% cap · market cap 8.95%
Theoretical Best
Office A
$10.04M
$8.78M – $11.71M
NOI $702,564 @ 7.0% cap · market cap 15.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- cagneys food service — 18 Harmon Ave, Cranston, RI 02910, United States
- Pig Roasting Services — Reservoir Ave, Providence, RI 02907
Frequently Asked Questions
What type of property is this?
Flex space - Single-story flex building with renovated 2020 office and industrial space, zoned M-1 light industrial.
Where is this flex space located?
The property is located at 225 Dupont Dr Providence, RI.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 50,000± SF single‑story flex building on 2.5± acres in Huntington Industrial Park; 25,000± SF industrial space with 20,000 SF currently leased; 15,000± SF high‑end office space plus 10,000± SF unfinished space
