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Warehouse/Flex Space Near Route 3
For Lease
$15 SF/Yr

41 Nooseneck Hill Road, West Greenwich, RI 02817

Warehouse and flex space available for lease near Route 3.

Space SizeContact for details
Property Size1,200 SF
Days on Market586

Property Features for 41 Nooseneck Hill Road

General Information

Standard status Active
Size 1,200 SF
Total Parking Spaces 2
Zoning Indust

Building Details

Building Size 1,200 SF
Year Built 2024
Buildings 6
Units 1
Listing Agency: Butler Realty Group
Listed By: Jeff Butler · License #REB.0010208
Source: Liongatere
Added: Jan 3, 2025 Changed: Aug 8 Last Checked: Aug 11 at 1:14PM

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 Butler Realty Group

Investment Insights

Based on property information with market context.

Warehouse and flex space is available for lease, situated approximately 0.5 miles from Route 3. The property features two buildings, each offering 8,400 square feet. Units can be divided into 1,200-square-foot increments. The space includes 20-foot ceilings and a clear span of 20x60 feet in each unit. Each unit has a 12 x 14 overhead door and a bathroom. Gas heat is available, and air conditioning can be installed. Phase 1 and 2 are leased, and Phase 3 is in progress.

Key Highlights

  • New construction (2024) warehouse/flex space.
  • Divisible units in 1200 sq ft increments.
  • Convenient location: only 1/2 mile off Rt 3.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Plumbing Service Pharmacy Bakery Garden Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

82
Businesses Nearby
Well-served
Demand for This Use

Demographics for 02817, RI

6,528
Population
2,509
Households
2.6
Avg Household Size
46
Median Age
35%
College-Educated
91%
High-School Grad
50.3 sq mi
ZIP Area
130
Density / Sq Mi
$137,485
Median Household Income
$64,676
Median Earnings
$1,977
Median Rent
$500,500
Median Home Value

Market

Lease Benchmarks for West Greenwich, RI

$15.29 /SF/Yr
Avg Asking Price
$5.57–$17 /SF/Yr
Price Range
4,295 SF
Avg Space Size

This space is priced 2% below the average of $15.29 /SF/Yr.

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Warehouse and flex space available for lease near Route 3.
Where is this flex space located?
The property is located at 41 Nooseneck Hill Road West Greenwich, RI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: New construction (2024) warehouse/flex space.; Divisible units in 1200 sq ft increments.; Convenient location: only 1/2 mile off Rt 3.
More about this property
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