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266 Putnam Pike
750 SF of Office/Retail Space Available in Smithfield, RI 02917
Highlights
- 266 Putnam Pike offers flexible retail or office suites with ample onsite parking and tenant signage opportunities facing a signalized intersection.
- Sits within a vital retail trade area, with national retailers including Target, Starbucks, CVS, Cava, and Planet Fitness reachable within 5 mins.
- Growing 5-mile population of over 180,000 with an average household income of over $82,000 and consumer spending of over $1.9 billion during 2023.
- This prime location is ideal for an office, retail storefront, martial arts or dance studio, salon, hairdresser, and much more.
- Highly accessible location just 5 minutes from I-295 and less than 20 minutes from Downtown Providence.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 1 | 750 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $172.22 /m²/YR $14.35 /m²/MO $1,000 /MO $12,000 /YR | Modified Gross |
2nd Floor, Ste 1
This prime location is currently fully built-out as a salon but is ideal for an office, retail storefront, martial arts or dance studio, hairdresser, and much more. Sits within a vital retail trade area, with national retailers including Target, Starbucks, CVS, Cava, and Planet Fitness reachable within 5 mins. Highly accessible location just 5 minutes from I-295 and less than 20 minutes from Downtown Providence. Base rent is $1000 per month and has an additional Common Area Maintenance (CAM) fee of $100/month.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Professional Services Office
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 266 Putnam Pike , Smithfield, RI 02917
| Property Type | Retail | Year Built | 1982 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 4.42/1,000 SF |
| Gross Leasable Area | 9,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 9,000 SF |
| Year Built | 1982 |
| Parking Ratio | 4.42/1,000 SF |
About the Property
The modern retail and office suites at 266 Putnam Pike allow businesses to source flexible space with a prime location along a vital commercial corridor. The two-story property comprises 9,000 square feet on a .46-acre lot on the signalized intersection of Putnam Pike and Esmond Street. The high-traffic intersection provides direct exposure to 20,000 passing vehicles each day. The building is well-equipped to capture this impressive traffic, boasting prominent building and monument signage as well as 35 onsite parking spaces. The brick-clad property makes the perfect home for an office, retail storefront, martial arts or dance studio, nail salon, and much more. 266 Putnam Pike benefits from an easily accessible position directly off I-295 in Smithfield, a historic and peaceful suburb of Provide. The area’s combination of big city conveniences and quiet suburban neighborhoods has made it a desirable residential hub. This growing population and proximity to I-295 has created a robust retail trade area, with the Crossing and Smithfield, Smithfield Plaza Shopping Center, and Apple Valley Mall all reachable within five minutes. These nearby centers offer dozens of national brands including Target, The Home Depot, Planet Fitness, CVS, CycleBar, Starbucks, Cava, Dave’s Fresh Marketplace, and many more. Smithfield’s recent growth has delivered a substantial demographic profile of potential shoppers or clients within five miles of the property, including a growing population of more than 180,000. These residents wield an average household income of more than $82,000, which resulted in impressive consumer spending of more than $1.9 billion during 2023. Reach out for additional details or to schedule a tour and discover the perfect space for a growing retail or office business at 266 Putnam Pike.
- Bus Line
- Property Manager on Site
- Pylon Sign
- Signage
- Signalized Intersection
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Power Broker Jeanne St. Germaine - Garwaine Realty, Inc.
Presented by
Garwaine Realty, Inc.
266 Putnam Pike
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