Property profile

622 George Washington Hwy Lincoln, RI 02865

OFF-MARKET
Neighborhood centers
56,191 SF
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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

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering
  • Grocery & Convenience Store Food Market
  • Cafe & Coffee Shop
  • Restaurant Take-out & Catering
  • Cinema Theater & Performing Art Venue

Location

622 George Washington Hwy Lincoln, RI 02865
Lincoln metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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