300 Centerville Rd Warwick, RI 02888
4,006 SF Class A office suite for sale.
Property Features for 300 Centerville Rd
General Information
- Standard status
- Active
- Size
- 4,006 SF
- Property subtype
- Office
Listing office MG Commercial
Listing date Jan 23, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of MG Commercial
Investment Insights
Based on property information with market context.
Key Highlights
- Class "A" office space in a 3‑building office park
- Convenient location off Route 95 at Exit 10
- Easy access to TF Green Airport and Amtrak
Local Financial Insights For Office B
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 | $82.7k | $20.64 |
| − Vacancy | −$17.1k | −$4.27 |
| EGI | $65.6k | $16.37 |
| − OpEx | −$16.4k | −$4.09 |
| NOI | $49.2k | $12.28 |
