64 Pettaconsett Ave, Cranston, RI
Single tenant, 100% occupied retail property for sale.
- Added:
- Apr 5, 2025
- Days on Market:
- 449
- Last Refresh:
- May 20 at 9:36 pm
Property Features for 64 Pettaconsett Ave
General Information
- Standard status
- Active
- Size
- 4,875 SF
- Lot size
- 0.22 Acres
- Property subtype
- RETAIL
Listing office Hayes & Sherry (401) 273-1980
Listing date Apr 5, 2025
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 Hayes & Sherry
HighLights
- NOI $74,000 NNN
- 100% occupied, providing stable income.
- Single tenant
- 10,290 SF land area
Overview
Local 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 | $87.8k | $18.00 |
| − Vacancy | −$9.1k | −$1.87 |
| EGI | $78.6k | $16.13 |
| − OpEx | −$23.6k | −$4.84 |
| NOI | $55.0k | $11.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cranston
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4467
- Latitude
- 41.7526
