Listed by Frontline Real Estate Partners
Unpriced
1 Eddie Dowling Highway
Details
Property Type Retail
Sub Type Commercial
Square Footage 11,552
Year Built 2014
Parking Spaces 53 spaces
Parking Per SqFt 4.59
Retail | 11,552 SqFt
Marketing description
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.
The property is positioned along the heavily trafficked Eddie Dowling Highway corridor, just north of Route 146 with visibility to approx. 60,000 vehicles per day. The area features strong demographics, with a population of approximately 67,000 and an average household income exceeding $90,000 within a three (3) mile radius of the Property. The Property is located less than one (1) mile from Route 146A and just over two (2) miles from Interstate-295 (I-295), featuring convenient regional access. Additionally, the Providence/Stoughton Commuter Rail Line is approximately eight (8) miles southeast in Pawtucket. Neighboring retailers include Walmart Supercenter, ALDI, Planet Fitness, CVS, Lowe’s, Home Depot, McDonald’s, Panera Bread, and Dunkin’, among other national and regional retailers.
Investment 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
Listing Contacts
Listed by Frontline Real Estate Partners
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?









































