Property profile

400 Putnam Pike/Rte. 44 Smithfield, RI 02917

OFF-MARKET
Lifestyle centers
35,130 SF
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Property summary

AI-generated overview

Exceptional retail opportunity at Smithfield Commons, a shopping center located at the signalized intersection of Route 44 and Route 5 in Smithfield, Rhode Island, zip code 02917. This 35,130 square foot center offers two suites, with 8,022 square feet currently vacant, divisible into spaces ranging from 4,000 to 4,022 contiguous square feet. The property boasts ample parking, providing 6.8 spaces per 1,000 square feet. Benefit from a high-traffic location, situated 2/3 of a mile west of Smithfield Crossing (anchored by Home Depot, Dick's Sporting Goods, and Kohl's) and across Route 44 from Apple Valley Mall (featuring T.J. Maxx, CVS, and Planet Fitness). Smithfield Commons enjoys proximity to Bryant University (approximately 3,500 students) and Fidelity Investments' corporate office (approximately 3,200 employees), ensuring a strong customer base. Current tenants include Starbucks, Papa Gino's, Siena Restaurant, and Ocean State Urgent Care, creating a vibrant and established retail environment. This property presents a unique chance to establish or expand your business in a thriving Rhode Island community within Providence County.

Property profile

Verified
Property type Lifestyle centers
Total area 35,130 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. 44 Smithfield, RI 02917
Smithfield metro
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Value estimations

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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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