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    OFF-MARKET
    Retail properties & Spaces

    41 Smithfield Rd, North Providence, RI 02904

    112,494 SF Built 1965
    Property ID
    Property summary
    AI-generated overview

    North Providence Marketplace offers exceptional retail space in a thriving Providence County location. This 112,494 square foot, grocery-anchored shopping center boasts a prime location in a densely populated area near two college campuses, ensuring high foot traffic and strong consumer base. Built in 1965 and renovated in 1994, the property features a mix of established tenants, including Shaw's Supermarket, Dollar Tree, and Rainbow, providing a stable and attractive environment for new businesses. Multiple spaces are available, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 3,975 square feet, offering flexibility for various retail concepts. Currently, 8,175 square feet of space is vacant, presenting a unique opportunity for expansion or new tenancy within this well-established center. Its strategic location within the Providence Metro Area, combined with its strong anchor tenants and established customer base, makes North Providence Marketplace an ideal investment for discerning retailers seeking a high-traffic, well-positioned property. The property's history of success, coupled with its convenient location and ample space options, makes it a compelling opportunity for growth and profitability.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1965
    Total area 112,494 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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