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    OFF-MARKET
    Neighborhood centers

    622 George Washington Hwy, Lincoln, RI 02865

    56,191 SF
    Property ID
    Property summary
    AI-generated overview

    Lincoln Commons, a multi-tenant property located on Route 116 in Lincoln, Rhode Island, offers a diverse range of retail, office, and industrial spaces totaling 56,191 square feet. Ten individual spaces are currently available, ranging from a minimum of 1,000 square feet to a maximum contiguous space of 12,826 square feet. Currently, 28,601 square feet are vacant, presenting a significant opportunity for expansion or new tenancy. This high-volume suburban location benefits from its proximity to major roadways, including Routes 146 and 295, and Interstate 295, ensuring excellent visibility and accessibility. The property boasts strong anchor tenants, including Stop & Shop, Marshalls, Homegoods, and Target (not owned by the property), further enhancing its appeal and drawing significant foot traffic. High daily traffic counts are recorded on Route 116 (20,000 vehicles), Route 146 (35,031 vehicles), and Interstate 295 (30,289 vehicles), providing exceptional exposure for businesses. Up to 41,600 square feet of combined retail, office, and flex space is available for lease, making this an ideal location for a variety of businesses seeking high visibility and strong traffic flow in a thriving suburban market.

    Property profile
    Verified
    Property type Neighborhood centers
    Total area 56,191 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
    Current use
    Occupant on record · Public records
    • McDonald's Restaurant Take-out & Catering
    • Stop & Shop Grocery & Convenience Store Food Market
    • Starbucks Cafe & Coffee Shop
    • Five Guys Restaurant Take-out & Catering
    • CWTheaters Lincoln Mall 16 Cinema Theater & Performing Art Venue
    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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