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Two-Building Strip Mall
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16-20 Cedar Swamp Road, Smithfield, RI 02917

Fully leased retail plaza combining customer-facing shops with rear commercial storage and convenient regional access.

Property Size17,240 SF
Lot Size1.59 Acres
Days on Market145

Property Features for 16-20 Cedar Swamp Road

General Information

Standard status Active
Size 17,240 SF
Lot size 1.59 Acres
Property subtype Retail
Occupancy 100%

Site & Location

Traffic Count 12,100 vehicles/day
Highway Access Yes

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Horvath & Tremblay
Listed By: Todd Tremblay · License #MA 9​5​0​4​1​4​5
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 2:22AM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

This two-building strip mall contains 17,240 square feet on a 1.59-acre site and is 100% leased. The property includes a mix of front-facing retail and service spaces, along with drive-up commercial storage areas positioned behind the buildings.

Located at 16-20 Cedar Swamp Road in Smithfield, Rhode Island, the plaza is less than one mile from I-295 and near the Apple Valley Mall and the retail concentration at Cedar Swamp Road and Putnam Pike, Route 44. Cedar Swamp Road carries approximately 12,100 vehicles daily, while nearby Putnam Pike carries an additional 28,300 vehicles through the trade area each day. Surrounding retailers include Target, Stop & Shop, The Home Depot, Kohl’s, Barnes & Noble, and Michaels.

Key Highlights

  • 17,240‑square‑foot retail plaza on a 1.59‑acre site
  • Two‑building configuration with front‑facing retail and service spaces
  • 100% leased property

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Auto Parts Store Law Firm Auto Repair Shop Storage Facility Hotel & Motel Big Box & Wholesale Store

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

12,100 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

537
Businesses Nearby
187k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Shops & Services 24% Groceries 24% Home Improvements & Furnishings 1%
Stop & Shop Groceries
44,509 visits/mo 0.4 miles
Applebee's Dining
17,647 visits/mo 0.3 miles
Panera Bread Dining
15,704 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
15,565 visits/mo 0.2 miles
Dollar Tree Shops & Services
13,478 visits/mo 0.4 miles

Demographics for 02917, RI

14,738
Population
5,119
Households
2.9
Avg Household Size
38
Median Age
38%
College-Educated
92%
High-School Grad
21.4 sq mi
ZIP Area
689
Density / Sq Mi
$106,772
Median Household Income
$44,229
Median Earnings
$988
Median Rent
$416,100
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Strip mall - Fully leased retail plaza combining customer-facing shops with rear commercial storage and convenient regional access.
Where is this strip mall located?
The property is located at 16-20 Cedar Swamp Road Smithfield, RI.
What are key features of this property?
This property features: 17,240‑square‑foot retail plaza on a 1.59‑acre site; Two‑building configuration with front‑facing retail and service spaces; 100% leased property
More about this property
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