175-181 Putnam Pike 37 992 pi² 100% Loué Industriel Immeuble Johnston, RI 02919 5 114 223 $ CAD (134,61 $ CAD/pi²) 4,51% Taux de capitalisation

Rare opportunity to acquire a substantial commercial asset in one of Rhode Island's most established retail and industrial corridors. Situated on approximately 4.27 acres along heavily traveled Putnam Pike (Route 44), 175–181 Putnam Pike offers investors a unique combination of in-place income, being 100% leased, functional industrial space, and long-term value-add potential. The property's nearly 38,000 square feet of versatile space can accommodate a variety of tenant uses, providing diversification and flexibility in an evolving market.
Strategically positioned with excellent visibility and convenient access to I-295, the asset benefits from strong regional connectivity throughout Rhode Island, Southeastern Massachusetts, and the greater New England market. The surrounding corridor is anchored by a mix of national retailers, service providers, and established local businesses, creating consistent traffic patterns and strong tenant demand. The property's sizeable land area, ample parking, and flexible layout further enhance its appeal for future leasing, repositioning, or redevelopment opportunities.
Investors will appreciate the opportunity to acquire a well-located asset with multiple avenues for value creation, including lease-up opportunities, rent growth, tenant mix optimization, and potential future redevelopment of excess land. With limited availability of large-scale commercial properties in the market, 175–181 Putnam Pike represents a compelling opportunity to secure a strategically located asset with both current income potential and long-term upside.