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    1035 Ten Rod Rd North Kingstown, RI 02852

    Sponsored
    For Lease
    Contact for pricing

    Prime 0.8-acre retail pad, high traffic.

    Lot size:
    34,848 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.8-acre commercial pad site presents a unique investment opportunity within the thriving Wickford Junction retail center in Washington County. Anchored by a 140,000 square foot Walmart, this center boasts over 1.5 million annual visitors, experiencing a 6% year-over-year increase. The property benefits from its strategic location adjacent to a MBTA transportation hub and a newly constructed 152-unit residential development, ensuring a consistent flow of potential customers. Ample parking and excellent accessibility further enhance its appeal. The surrounding area is home to a diverse range of established retailers, including Stop & Shop, Home Depot, Starbucks, Dunkin' Donuts, and Wendy's, creating a vibrant and synergistic retail environment. The trade area also demonstrates above-average household income, indicating strong consumer spending power. This pad site offers significant potential for developers seeking a high-visibility location within a densely populated and affluent community. The single-tenant configuration provides flexibility for a variety of retail uses, capitalizing on the exceptional foot traffic and strong demographics of this premier retail destination. This is an unparalleled opportunity to establish a thriving business in a rapidly growing area.

    Property Features for 1035 Ten Rod Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,848 SF

    Unit(s) available at that property

    Space
    Size
    34,848 SF

    HighLights

    • 0.8‑acre pad site available for retail development.
    • Located in a Walmart‑anchored shopping center with 1.5 million annual visitors (6% year‑over‑year growth).
    • Excellent access, ample parking, and proximity to an MBTA transit hub and a new 152‑unit residential development.
    • Strong retail co‑tenancy including Stop & Shop, Home Depot, Starbucks, Dunkin', and Wendy's.
    • Trade area boasts above‑average household income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Kingstown
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.492894
    Latitude
    41.5810784

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    FAQs

    What type of property is this?
    Land - Prime 0.8-acre retail pad, high traffic.
    Where is this land located?
    The property is located at 1035 Ten Rod Rd North Kingstown, RI.
    What are key features of this property?
    This property features: 0.8-acre pad site available for retail development.; Located in a Walmart-anchored shopping center with 1.5 million annual visitors (6% year-over-year growth).; Excellent access, ample parking, and proximity to an MBTA transit hub and a new 152-unit residential development.
    Request Owner's contact information
    1035 Ten Rod Rd North Kingstown, RI 02852
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    North Kingstown, RI 02852
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1035 Ten Rod Rd North Kingstown, RI 02852
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