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Coventry Retail Leasing Opportunity
For Lease
$15 SF/Yr

87 Centre Of New England Blvd, Coventry, RI 02816

Versatile retail space available for lease in Coventry, Rhode Island.

Space SizeContact for details
Property Size12,000 SF
Lot Size1.84 Acres
Days on Market549

Property Features for 87 Centre Of New England Blvd

General Information

Standard status Active
Size 12,000 SF
Lot size 1.84 Acres
Listing Agency: REMAX Revolution
Listed By: Michael Alves · License #REC.0016995
Source: Exprealty
Added: Feb 5, 2025 Changed: Aug 8 Last Checked: Apr 5 at 8:28PM

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 REMAX Revolution

Investment Insights

Based on property information with market context.

Located at 87 Centre Of New England Blvd, Coventry, RI, 02816, this commercial property presents a leasing opportunity suitable for various businesses. The property features a spacious interior, ample parking, and high visibility. The building has a total area of 12,000 square feet and can be divided into 1,200 square foot units or customized to meet specific size requirements.

Key Highlights

  • Prime commercial property: Located at 87 Centre Of New England Blvd, Coventry, RI.
  • Customizable space: The 12,000 SF building can be divided into 1,200 SF units or configured to any size.
  • High visibility: Offers excellent exposure to attract customers.

Property Analytics

Current Use

Team Diesel Inc Auto Repair Shop CSM Truck Sales Car Dealership Hallam's Marine Service ... (Bike/Boat/Book/etc) Store Ace Dumpster Rental ... General Contractor Alpha Construction LLc Construction Company

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Building Supply Auto Parts Store Nail Salon

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

85
Businesses Nearby

Demographics for 02816, RI

33,206
Population
14,505
Households
2.3
Avg Household Size
45
Median Age
32%
College-Educated
93%
High-School Grad
36.9 sq mi
ZIP Area
900
Density / Sq Mi
$97,941
Median Household Income
$51,773
Median Earnings
$1,168
Median Rent
$317,400
Median Home Value

Market

Lease Benchmarks for Coventry, RI

$14.74 /SF/Yr
Avg Asking Price
$12.59–$19.5 /SF/Yr
Price Range
3,825 SF
Avg Space Size

This space is priced 2% above the average of $14.74 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Versatile retail space available for lease in Coventry, Rhode Island.
Where is this retail space located?
The property is located at 87 Centre Of New England Blvd Coventry, RI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Prime commercial property: Located at 87 Centre Of New England Blvd, Coventry, RI.; Customizable space: The 12,000 SF building can be divided into 1,200 SF units or configured to any size.; High visibility: Offers excellent exposure to attract customers.
More about this property
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