Free-Standing Retail Building with
For Lease
$1,350/Mo
16 Freeborne St, Warwick, RI 02889
Free-standing unit in a strip plaza with on-site parking and existing plumbing for beauty or smoke shop concepts.
Space SizeContact for details
Days on Market50
Property Features for 16 Freeborne St
General Information
Standard status
Active
Total Parking Spaces
10
Additional Details
Highway Access
Yes
Building Details
Year Built
1986
Tenancy
Multi
Listing Agency:
CYCAD REALTY, LLC
Listed By:
Marong Tho · License #REB.0017253
(508) 677-3233
Source:
Alpernandmesenbourg
Added: Jul 25
Changed: Sep 8
Last Checked: Sep 11 at 5:00PM
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 CYCAD REALTY, LLC
Investment Insights
Based on property information with market context.
This free-standing retail building is located in a strip plaza and includes existing plumbing from its prior use. The space is available as one of two units, or potentially as a package if both units are leased, offering flexibility for a variety of beauty-oriented configurations.
The property is described as having high visibility and traffic, with easy access to the highway. It features 10 on-site parking spaces for customers and is situated near established retailers including Rite Aid, Subway, and NY System, as well as TD Bank.
For tenants looking to start, expand, or relocate, the existing plumbing and free-standing layout support operational fit for uses such as a beauty/barber shop or smoke shop. Lease terms may be discussed, and the owner is also willing to consider an option to buy with possible financing arrangements.
The property is described as having high visibility and traffic, with easy access to the highway. It features 10 on-site parking spaces for customers and is situated near established retailers including Rite Aid, Subway, and NY System, as well as TD Bank.
For tenants looking to start, expand, or relocate, the existing plumbing and free-standing layout support operational fit for uses such as a beauty/barber shop or smoke shop. Lease terms may be discussed, and the owner is also willing to consider an option to buy with possible financing arrangements.
Key Highlights
- Free‑standing building in a strip plaza built in 1986
- Existing plumbing suitable for beauty shop or smoke shop concepts
- Includes 10 on‑site parking spaces
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.93 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
326
Businesses Nearby
89k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 72%
Shops & Services 21%
Home Improvements & Furnishings 7%
Taco Bell
Dining
17,603 visits/mo
0.0 miles
Dunkin' Donuts
Dining
17,265 visits/mo
0.2 miles
Burger King
Dining
14,329 visits/mo
0.1 miles
Starbucks
Dining
9,610 visits/mo
0.1 miles
TD Bank
Shops & Services
8,902 visits/mo
0.1 miles
Demographics for 02889, RI
28,277
Population
11,947
Households
2.4
Avg Household Size
44
Median Age
26%
College-Educated
91%
High-School Grad
8.5 sq mi
ZIP Area
3,327
Density / Sq Mi
$85,617
Median Household Income
$50,988
Median Earnings
$1,216
Median Rent
$299,900
Median Home Value
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Market
Lease Benchmarks for Warwick, RI
$19.49 /SF/Yr
Avg Asking Price
$12.86–$32.14 /SF/Yr
Price Range
2,607 SF
Avg Space Size
This space is priced 34% below the average of $19.49 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Just In Time Flowers — 2440 W Shore Rd, Warwick, RI 02889
- Char's Flower Shoppe — 2440 W Shore Rd, Warwick, RI 02889
- Larina's Rainbow Or Flowers — Warwick, RI 02889
Frequently Asked Questions
What type of property is this?
Storefront property - Free-standing unit in a strip plaza with on-site parking and existing plumbing for beauty or smoke shop concepts.
Where is this storefront property located?
The property is located at 16 Freeborne St Warwick, RI.
What is the lease rate?
The lease rate is $1,350/Mo.
What are key features of this property?
This property features: Free‑standing building in a strip plaza built in 1986; Existing plumbing suitable for beauty shop or smoke shop concepts; Includes 10 on‑site parking spaces
