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    FOR LEASE
    Showrooms

    595 Smithfield Rd, North Smithfield, RI 02896

    61,008 SF 6.45 ac lot Built 1991
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US76-0044555
    Property summary
    AI-generated overview

    This exceptional 21,780 square foot pad site presents a prime retail opportunity in the bustling Stop & Shop Plaza in North Smithfield, Rhode Island. Located on a half-acre lot with 350 parking spaces, this single-tenant property boasts unparalleled visibility and accessibility from a major, well-lit intersection. The site is currently vacant and zoned BN, offering flexibility for a variety of retail uses. This location benefits from its proximity to a strong concentration of national retailers, including Walmart, Lowe's, Kohl's, PetSmart, Aldi, Planet Fitness, Texas Roadhouse, and Taco Bell, ensuring high foot traffic and brand recognition. The plaza also features complementary businesses such as Ocean State Job Lot, McDonald's, Burger King, AutoZone, Dollar Tree, and a Stop & Shop gas station, creating a vibrant and convenient shopping destination. This pad site offers an exceptional opportunity to establish a thriving retail presence in a high-demand area with significant consumer traffic and strong anchor tenants. The property's size and location make it ideal for a variety of retail concepts seeking high visibility and convenient access for customers. The ample parking ensures ease of access for shoppers and employees. This is a rare opportunity to secure a prime retail location in a thriving commercial center.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1991
    Construction STEEL FRAME
    Total area 61,008 SF
    Lot 6.45 ac (281,136 SF)
    Zoning code BH
    APN NSMI M:0009 L:0794
    UPID US76-0044555
    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
    • Stop & Shop Pharmacy Pharmacy
    • higi Medical Clinic
    • Western Union Bank Credit Union
    • Citizens Bank Atm
    • Stop & Shop Grocery & Convenience Store Food Market
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $5.39M
    Blend (final) Blend
    $5.37M
    Owner & transaction history
    Nl Grocery 2 Exchange LLC · 5 yrs held
    Nl Grocery 2 Exchange LLC
    since 2021
    4 recorded transactions
    2021
    2021
    2019
    1969
    Zoning & alternative use
    BH · North Smithfield, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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