41 Smithfield Rd, North Providence, RI 02904
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.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.