Class A Office
For Lease
$26 SF/Yr
56 Exchange Terrace, Providence, RI 02903
Full-floor office suite with expansive views in downtown Providence.
Space Size7,500 SF
Property Size37,500 SF
Days on Market152
Property Features for 56 Exchange Terrace
General Information
Standard status
Active
Size
7,500 SF
Class
A
Property subtype
Office Space
Lease Term
MG
Building Details
Building Size
37,500 SF
Year Built
1987
Spaces For Lease
at 56 Exchange Terrace Contact us- Size
- 7,500 SF
- Type
- Office Building
- Term
- Negotiable
Suite 300 $26/SF/Yr
Listing Agency:
MG Commercial
(401) 261-5804
Listed By:
Leeds Mitchell IV, SIOR · License #RI #REB.0019529
(401) 261-5804
Source:
Mgcommercial
Added: Mar 26
Changed: Aug 23
Last Checked: Aug 20 at 8:44PM
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 MG Commercial
Investment Insights
Based on property information with market context.
This is a full-floor lease opportunity, featuring a 7,500 square foot suite on the third floor with views of Providence and Capital Center. The current configuration includes multiple conference rooms, perimeter offices, a large kitchen/break room, and open workspace along the window line. The suite is in move-in condition. The East Office Building is a five-story, 37,000 square foot office building with Class A space constructed in 1988. The building's design replicates an identical building built in 1898. Building mechanicals are professionally maintained by a 24/7 property management firm. Located at 56 Exchange Terrace, the East Office Building houses accounting, engineering, law, and renewable energy firms. The property offers an accessible location in Downtown Providence, situated at the foot of the Downtown interchange connecting Interstate 95 & 195 with Routes 6 & 10, providing automobile access to and from the highway system. The building fronts on Kennedy Plaza, offering pedestrian connections to the central business district and nearby federal and state court buildings. The property is intended for office use.
Key Highlights
- Highly accessible location in Downtown Providence with direct highway access and pedestrian access to Kennedy Plaza and the central business district.
- Move‑in ready, 7,500 SF full‑floor suite with expansive views of Providence and Capital Center.
- Class A office space with state‑of‑the‑art mechanicals and 24/7 professional property management.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,462
Businesses Nearby
Explore this area
Business Placement
Demographics for 02903, RI
13,264
Population
6,588
Households
2
Avg Household Size
33
Median Age
53%
College-Educated
89%
High-School Grad
1.7 sq mi
ZIP Area
7,802
Density / Sq Mi
$62,987
Median Household Income
$40,294
Median Earnings
$1,640
Median Rent
$365,600
Median Home Value
Market
Lease Benchmarks for Providence, RI
$41.31 /SF/Yr
Avg Asking Price
$13–$98.18 /SF/Yr
Price Range
8,030 SF
Avg Space Size
This space is priced 37% below the average of $41.31 /SF/Yr.
Vacancy Rate% for Office in Providence, RI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Full-floor office suite with expansive views in downtown Providence.
Where is this office units located?
The property is located at 56 Exchange Terrace Providence, RI.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Highly accessible location in Downtown Providence with direct highway access and pedestrian access to Kennedy Plaza and the central business district.; Move‑in ready, 7,500 SF full‑floor suite with expansive views of Providence and Capital Center.; Class A office space with state‑of‑the‑art mechanicals and 24/7 professional property management.
