Providence Retail

880 Eddy St - 2 Spaces Lower South Providence, Providence, RI 14 foot ceiling height
Sep 05
3,240 - 6,410
sqft
Retail Other
900 Smith St - Floor 1 Elmhurst, Providence, RI subdivided and plus utilities
Sep 23
2,500
sqft
Office Retail Restaurant
65 Eddy St - Floor 1 Downtown Providence, Providence, RI large windows
Jun 27
1,680
sqft
Sublease Retail Other

Providence

Market Report

Number of Listings
Posted in the last 90 days
18
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,830

Providence Rates

On average, listings lease in the $20's per square foot per year. The Providence region is going through a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 7% decrease in rent.

Compared to the rest of the Greater Boston market, the Providence region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Providence Listing Supply

In the last 90 days, 240 listings have been made available, so you'll want to check back regularly for new listings. About 25% of the available space in the Providence are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 1935 and are Class B.

Providence Community

Market Data

Real time and historical data on commercial real estate listings in Providence.
Research