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1 Eddie Dowling Hwy 14,886 SF Retail Building North Smithfield, RI 02896 For Sale
Investment Highlights
- Premier retail corridor location with exceptional visibility along Eddie Dowling Highway (~60,000 VPD)
- Modern 11,552-square-foot former Walgreens constructed in 2014, featuring strong curb appeal, a highly functional layout
- Surrounded by national retailers including Walmart Supercenter, ALDI, Lowe’s, Home Depot, Planet Fitness, CVS, McDonald’s, Panera Bread, and Dunkin’
- Pylon signage, drive-thru capability, and 53 surface parking spaces
Executive Summary
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
and Interstate-295, the offering presents an outstanding opportunity to capitalize on a premier retail location in a thriving
suburban market
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,886 SF
Building Class
C
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
3.54 AC
Zoning
BN
Parking
42 Spaces (2.82 Spaces per 1,000 SF Leased)
Frontage
216’ on Eddie Dowling Hwy
Amenities
- Bus Line
- Pylon Sign
- Signalized Intersection
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | NSMI-000021-000000-000033 | Improvements Assessment | $1,806,892 CAD |
| Land Assessment | $916,454 CAD | Total Assessment | $2,723,346 CAD |
Property Taxes
Parcel Number
NSMI-000021-000000-000033
Land Assessment
$916,454 CAD
Improvements Assessment
$1,806,892 CAD
Total Assessment
$2,723,346 CAD
Contacts
-
Matt Tarshis -
Andrew Rubin -
Andrew Slovis -
Zack Pearlstein -
Frontline Real Estate Partners
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1 Eddie Dowling Hwy
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