Current Use by 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
Property Details for 622 George Washington Hwy
- Year built
- 2005
- Property type
- Specialty properties
Description
This exceptional 60,000-square-foot, single-story cinema complex, built in 2005 and renovated in 2019, is situated on a 60,000-square-foot lot in Lincoln, Rhode Island's thriving Lincoln Commons. The property, zoned BL, boasts 16 state-of-the-art screens, each equipped with stadium seating, wall-to-wall screens, and DLP digital sight and sound. A concession/bar area adds to the revenue potential. This single-unit facility benefits from a strong demographic base, serving a market population exceeding 250,000. Its convenient location at 622 George Washington Highway provides easy access to major roadways including Route 146, I-95, and I-295. The property is part of a vibrant retail center anchored by national brands such as Target, Dollar Tree, McDonald's, Starbucks, Ocean State Job Lot, and Stop & Shop, ensuring high foot traffic and visibility. A large parking area further enhances customer convenience. This is a ground lease property offered for sale by owner, presenting a unique opportunity in the entertainment sector. The asking price is $9,900,000.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4777
- Latitude
- 41.9385
