20 Frenchtown RdNorth Kingstown, RI 02852

Property Details for 20 Frenchtown Rd

Year built

1989

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

22.84 AC

Property size (Sq ft)

137,323 SF

Zone code

PR

Property type

Other commercial real estate

Property subtype

Showrooms

APN

NKIN M:177 B:021

APU

NKINM177B021

Description

Hunt River Commons offers exceptional retail space in North Kingstown, Rhode Island. This 147,270 square foot shopping center boasts a prominent location at 20 Frenchtown Rd, 02852, with convenient access to RI-4, Route 403, and Route 1/Post Road. The property is strategically situated just 14 miles from Providence, south of Warwick and east of Greenwich, ensuring high visibility and accessibility for customers. Currently, 4,548 square feet of contiguous retail space is immediately available, representing a significant opportunity for businesses seeking a well-established location within a thriving shopping center. The minimum divisible space is also 4,548 square feet, providing flexibility for various retail concepts. Hunt River Commons is anchored by a Stop & Shop, drawing substantial foot traffic and providing a strong retail environment. This space presents a unique chance to establish or expand your business in a high-traffic area with excellent road access and a proven track record of success. The property's location within a well-established shopping center ensures a built-in customer base and a vibrant commercial atmosphere. Don't miss this opportunity to secure a prime retail location in a desirable Rhode Island market.

• CAP approach

  CAP return

  Valuation

  6%

  $33,374,282

  6.5%

  $30,807,030

  7%

  $28,606,528

• Comparable approach

  Method

  Valuation

  Relative Method

  $45,215,412

  Geo Method

  $45,215,412

• Alternative Use

  Use

  Valuation

  Residential

  $25,986,882

  Hospitality

  $23,803,844

  Educational

  $19,804,520

  Medical

  $20,485,628

  Retail

  $30,807,030

Location Insight

City

North Kingstown

County

Washington

State

Rhode Island

Latitude

41.6305

Longitude

-71.4679

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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