1000 Division St East Greenwich, RI 02818-2078
East Greenwich Square presents a prime retail investment opportunity in a thriving Rhode Island community. This 158,918 square foot, multi-tenant shopping center is strategically located in East Greenwich, a suburb approximately 15 miles south of Providence. The center boasts a strong anchor tenant, Dave's Fresh Marketplace, whose flagship store serves as a significant draw for shoppers. Currently, there is 4,909 square feet of vacant space available, presenting a unique chance for a new business to establish itself within this bustling center. The available space totals 4,700 square feet, ideal for a restaurant or similar establishment. The property's location within a well-established neighborhood shopping center ensures high visibility and convenient access for customers. The overall center's success, anchored by a major grocery store, provides a stable and attractive environment for potential tenants. This is an exceptional opportunity to secure a space in a thriving retail environment with significant foot traffic and strong community presence. The Kent County location offers easy access to major roadways and a dense residential population. Don't miss this chance to become part of a successful and established retail center.
Commercial Highway District (CH). The purpose of this district is to provide for those uses which generate a high amount of vehicular traffic in a manner that is safe and efficient. K.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CH · East Greenwich, RICommercial Highway District (CH). The purpose of this district is to provide for those uses which generate a high amount of vehicular traffic in a manner that is safe and efficient. K.
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.