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Property profile & analytics
OFF-MARKET
Specialty properties

622 George Washington Hwy Lincoln, RI 02865

60,000 SF Built 2005
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Year built 2005
Total area 60,000 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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