Rhode Island Commercial Real Estate

860 Waterman Ave - 4 Spaces East Providence, RI HVAC
Sep 23
1,800 - 2,500
sqft
Office
1725 Mendon Rd - 7 Spaces , RI plus utilities
Sep 23
960 - 3,010
sqft
Office
53 Providence St - Space , RI ideal for food service
Sep 22
1,100
sqft
Office Retail
77 Oak St - Unit 77 (Floor 1) Westerly, RI perfect for salon and contractor
Sep 06
780
sqft
Office Retail Mixed Use Restaurant

Rhode Island

Market Report

Number of Listings
Posted in the last 90 days
313
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,700

Rhode Island Rates

The typical asking rate per listing is in the $20's per square foot per year. The Rhode Island submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 27% decline in rent.

Rhode Island Listing Supply

In the last 90 days, 1192 listings have been made available, so you'll want to check back regularly for new listings. About 23% of the listings in the Rhode Island are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,700 sqft. Most properties in this area are approximately 2 stories. Most buildings in this area were built in 1953 and are Class B.

Rhode Island Community

Market Data

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