400 Putnam Pike/Rte. 44 Smithfield, RI 02917
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.