Property profile

400 Putnam Pike / Rte Smithfield, RI 02917

OFF-MARKET
Retail properties & Spaces
3,820 SF
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Property summary

AI-generated overview

This exceptional retail property, Smithfield Commons, located at 400 Putnam Pike (Route 44) in Smithfield, Rhode Island, 02917, offers a total of 3,820 square feet of leasable space. Currently, the entire building is vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease portions. The property is ideally suited for businesses seeking flexible space options, with a minimum divisible unit of 1,320 square feet and a maximum contiguous space of 2,500 square feet. This allows for adaptability to various business needs and expansion plans. Situated in Providence County, this location benefits from high visibility and accessibility along a major thoroughfare, Route 44. The property's address is 400 Putnam Pike, providing excellent exposure to a substantial volume of daily traffic. The entire 3,820 square feet is available for lease, making it an attractive proposition for businesses requiring significant space. This presents a rare chance to establish a strong presence in a thriving Smithfield commercial district. Interested parties are encouraged to inquire about lease terms and conditions. The property is classified as Commercial Retail with multiple tenancy options.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,820 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

400 Putnam Pike / Rte Smithfield, RI 02917
Smithfield metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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