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Coventry Retail/Office Leasing Opportunity
For Lease
$15 SF/Yr

87 Centre of New England, Coventry, RI 02816

Versatile commercial space in Coventry, customizable for various business needs.

Space SizeContact for details
Days on Market334

Property Features for 87 Centre of New England

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 2007
Listing Agency: RE/MAX REVOLUTION
Listed By: MICHAEL ALVES · License #REC.0016995
Source: Corcoran
Added: Sep 30, 2025 Changed: Aug 16 Last Checked: Aug 28 at 7:26AM

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 RE/MAX 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 a range of 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 into various size configurations.

Key Highlights

  • Customizable space: 12,000 SF building divisible into 1,200 SF units or other configurations.
  • High visibility location** on Centre Of New England Blvd.
  • Ample parking for customers and employees.

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

$15.7 /SF/Yr
Avg Asking Price
$14–$19.5 /SF/Yr
Price Range
5,150 SF
Avg Space Size

This space is priced 4% below the average of $15.7 /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 commercial space in Coventry, customizable for various business needs.
Where is this retail space located?
The property is located at 87 Centre of New England Coventry, RI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Customizable space: **12,000 SF building divisible into 1,200 SF units** or other configurations.; High visibility location** on Centre Of New England Blvd.; Ample parking for customers and employees.
More about this property
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