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Retail Development at Greenwood Shops
For Lease
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615 Greenwich Ave, Warwick, RI 02886

New retail development with high traffic exposure.

Space Size2,447 SF
Property Size246,031 SF
Days on Market756

Property Features for 615 Greenwich Ave

General Information

Standard status Active
Size 2,447 SF
Total Parking Spaces 1194
Property subtype Retail

Building Details

Building Size 246,031 SF
Year Built 2007
Tenancy Multiple

Spaces For Lease

at 615 Greenwich Ave Contact us

Retail A

Size
2,447 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Carpionato Group
Listed By: Peter Flynn · License #MA
Source: Crexi
Added: Jul 27, 2024 Changed: Aug 21 Last Checked: Aug 20 at 8:29PM

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 Carpionato Group

Investment Insights

Based on property information with market context.

The Shops at Greenwood is a new retail development encompassing 247,934 square feet. It is located at the intersection of Route 5 and Route 113, strategically positioned adjacent to Route I-95 and Route 2. The location benefits from a combined daily traffic count exceeding 191,000 vehicles per day.

Key Highlights

  • High traffic location: Over 191,000 vehicles per day.
  • Large retail space: 247,934 sf of new retail development.
  • Strategic location: Intersection of Route 5 and Route 113.

Property Analytics

Current Use

Sharkey's Cuts For Kids ... Hair Salon Dr. Moya Brooks Ophthalmologist Nermin Graise Ophthalmologist Dr. Jane Ireland Physician Ronald Furman Physician

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Building Supply Restaurant Big Box & Wholesale Store Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

434
Businesses Nearby
156k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 27% Groceries 25% Home Improvements & Furnishings 23% Hotels & Casinos 12%
Stop & Shop Groceries
39,248 visits/mo 0.1 miles
Lowe's Home Improvements & Furnishings
36,245 visits/mo 0.3 miles
Shell Shops & Services
27,405 visits/mo 0.1 miles
Crowne Plaza Airport Shuttle Hotels & Casinos
18,644 visits/mo 0.2 miles
Starbucks Dining
17,391 visits/mo 0.2 miles

Demographics for 02886, RI

29,373
Population
13,669
Households
2.1
Avg Household Size
47
Median Age
37%
College-Educated
93%
High-School Grad
15.8 sq mi
ZIP Area
1,859
Density / Sq Mi
$91,037
Median Household Income
$52,851
Median Earnings
$1,300
Median Rent
$334,400
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Pilgrim Acres Shopping Center Main Ave, Warwick, RI 02886
  • Coin Cloud Bitcoin ATM 87 W Natick Rd, Warwick, RI 02886
  • Coinstar Kiosk | Bitcoin ATM 555 Greenwich Ave, Warwick, RI 02886
  • Warwick Mall 400 Bald Hill Rd, Warwick, RI 02886
  • Shops at Greenwood 545 Greenwich Ave, Warwick, RI 02886

Frequently Asked Questions

What type of property is this?
Shopping center - New retail development with high traffic exposure.
Where is this shopping center located?
The property is located at 615 Greenwich Ave Warwick, RI.
What are key features of this property?
This property features: High traffic location: Over 191,000 vehicles per day.; Large retail space: **247,934 sf of new retail development.**; Strategic location: Intersection of Route 5 and Route 113.
(401) 273-6800 Call to check price and availability
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