847-780-8063
1 Eddie Dowling Hwy, North Smithfield, RI for Sale
Drug Store - FOR SALE
1/8
null | Request Cap Rate

1 Eddie Dowling Hwy
North Smithfield, RI 02896


HIGHLIGHTS

  • Premier retail corridor location with exceptional visibility along Eddie Dowling Highway (~60,000 VPD)
  • Surrounded by national retailers including Walmart Supercenter, ALDI, Lowe’s, Home Depot, Planet Fitness, CVS, McDonald’s, Panera Bread, and Dunkin’
  • Modern 11,552-square-foot former Walgreens constructed in 2014, featuring strong curb appeal, a highly functional layout
  • Pylon signage, drive-thru capability, and 53 surface parking spaces

OVERVIEW

Positioned in the heart of one of northern Rhode Island’s most active retail corridors, 1 Eddie Dowling Highway in North Smithfield presents a compelling opportunity to acquire a high-visibility, 11,552-square-foot former Walgreens via Auction. Constructed in 2014, the Property benefits from excellent frontage along heavily trafficked Eddie Dowling Highway (approx. 60,000 VPD), just north of Route-146. The Property features pylon signage, a drive-thru, second-floor mezzazine space, and 53 surface parking spaces. The building is well suited for a wide range of retail, medical, or service-oriented users seeking strong access, convenience, and brand exposure. The site is surrounded by a powerful concentration of national and regional retailers—including Walmart, ALDI, Lowe’s, Home Depot, Planet Fitness, CVS, McDonald’s, Panera Bread, and Dunkin’—driving consistent consumer traffic and reinforcing the corridor’s position as a dominant regional shopping destination. Supported by strong area demographics and convenient access to Route-146A and Interstate-295, the offering presents an outstanding opportunity to capitalize on a premier retail location in a thriving suburban market

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

3.54 AC

LAND SF

154,202 SF

ZONING

BN

APN/PARCEL ID

NSMI-000021-000000-000033

ASK ABOUT THIS PROPERTY

Matt TarshisFrontline Real Estate PartnersMore Info
847-780-8063

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Matt TarshisFrontline Real Estate PartnersMore Info
847-780-8063

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.