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Shopping Community

Walnut Hill Plaza

1500 Diamond Hill Rd, Woonsocket, RI 02895

Listing Price: $6,989,000

Cap Rate
6.53%
Gross SF
303,935
Rentable SF
303,935
Price/Gross SF
$23.00
Lot Size
30.92 acres
Year Built
1989

Investment Overview

Marcus & Millichap is pleased to bring to market Walnut Hills Plaza located in Woonsocket, RI.

Investment Highlights

  • Multi-Tenant Community Shopping Center With Major Value-Add Upside
  • 48% Occupied by a Strong Mix of Retail, Service, and Entertainment Tenants | Anchored by Planet Fitness, CSL Plasma, Savers, and Aero Trampoline Park
  • High Visibility Along Diamond Hill Road / RI-114 Seeing Over 14,400 Vehicles Per Day | Situated Along the MA / RI State Line
  • Lighted Pylon Sign With Five Points of Ingress and Egress, Signalized Intersection at Main Entrance With Dedicated Turn Lanes
  • Located in a Retail and Residential Corridor Near Multiple National Tenants Including Taco Bell, Dunkin', McDonald's, Applebee's, Popeye's, Tractor Supply Co., Shell, Burlington and More
  • 2.5 Miles From CVS Health Corporate Headquarters With 7,000+ Employees and 2.5 Miles From Downtown Woonsocket
  • Strong Demographics: Population Exceeds 96,300 Within 5-Miles and is Expected to Increase by 2027 | Average Household Income Over $96,400

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s) RI: REB.0019374

    Rhode Island

Financing By

Shopping Community

Walnut Hill Plaza

Listing Price: $6,989,000

Cap Rate
6.53%
Gross SF
303,935
Rentable SF
303,935
Price/Gross SF
$23.00
Lot Size
30.92 acres
Year Built
1989

Investment Highlights

  • Multi-Tenant Community Shopping Center With Major Value-Add Upside
  • 48% Occupied by a Strong Mix of Retail, Service, and Entertainment Tenants | Anchored by Planet Fitness, CSL Plasma, Savers, and Aero Trampoline Park
  • High Visibility Along Diamond Hill Road / RI-114 Seeing Over 14,400 Vehicles Per Day | Situated Along the MA / RI State Line
  • Lighted Pylon Sign With Five Points of Ingress and Egress, Signalized Intersection at Main Entrance With Dedicated Turn Lanes
  • Located in a Retail and Residential Corridor Near Multiple National Tenants Including Taco Bell, Dunkin', McDonald's, Applebee's, Popeye's, Tractor Supply Co., Shell, Burlington and More
  • 2.5 Miles From CVS Health Corporate Headquarters With 7,000+ Employees and 2.5 Miles From Downtown Woonsocket
  • Strong Demographics: Population Exceeds 96,300 Within 5-Miles and is Expected to Increase by 2027 | Average Household Income Over $96,400

Investment Overview

Marcus & Millichap is pleased to bring to market Walnut Hills Plaza located in Woonsocket, RI.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s): RI: REB.0019374

    Rhode Island

Financing By

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