Johnston, RI
Commercial Real Estate Market Trends & Data

$216 Avg asking sale price
$1,110 Avg asking lease rate
27,077 SF Avg unit lease size
34,220 SF Avg building size for sale
5.76% Average cap rate

Johnston's Demographic Profile

Johnston has 12,518 households and a median income of $78,385, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 31,053
# Households 12,518
Median age 45
Median household income $78,385
Avg household size 2.0
Renter-occupied housing units 3,885
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Johnston, RI

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Cranston $161 26,217 SF 6.89%
Providence $188 22,044 SF 10.32%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Johnston $125 37,832 SF 4.51%
North Providence $102 5,837 SF 4.51%
Cranston $128 25,943 SF 6.89%
Providence $131 34,792 SF 9.88%
Nearby Retail Markets Avg Cost/SF Typical Size
Johnston $328 7,660 SF
North Providence $254 6,836 SF
Cranston $303 14,315 SF
Providence $313 14,021 SF
Smithfield $284 4,083 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Johnston $241 71,346 SF 8.25%
North Providence $173 19,123 SF 8.25%
Cranston $186 20,778 SF 10.10%
Providence $290 27,468 SF 10.10%
Smithfield $246 17,615 SF 8.25%

Commercial Properties For Sale in Johnston

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

620 Killingly St

Johnston, RI 02919

  • 3,377 SF Retail Building
  • $899,900
For Sale

665 Plainfield St

Providence, RI 02909

  • 0.17 AC Lot
  • 1 Commercial Lot
  • $649,900
For Sale

1452 Plainfield Pike

Cranston, RI 02920

  • 3,651 SF Specialty
  • $649,900
For Sale

37 Unit A

Greenville, RI 02828

  • 28,218 SF Industrial Building
  • $395,000
For Sale

175-181 Putnam Pike

Johnston, RI 02919

  • 37,992 SF Industrial Building
  • 4.51% Cap Rate
  • $3,625,000
For Sale

Western Industrial Dr

Cranston, RI 02921

  • 2.36 AC Lot
  • 1 Industrial Lot
  • $1,200,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

Commercial Property Valuation: Methods and Calculator
Commercial Property Valuation: Methods and Calculator
Use our instant calculator to estimate your property's value, then explore the three core valuation methods, quick-estimate tools, and common mistakes to avoid.
What Is a Cap Rate?
What Is a Cap Rate?
How To Calculate This Critical CRE Investment Metric and Why It Matters
The Best Cities for Office Investing in 2026
The Best Cities for Office Investing in 2026
A data-driven ranking of 50 U.S. markets scored on yield, inventory, office employment trends, and building quality.
Most Profitable Cities for Multifamily Investments in 2026
Most Profitable Cities for Multifamily Investments in 2026
Data-driven rankings of U.S. cities based on cap rates, pricing, inventory, and renter demand.
How to Buy a Car Wash
How to Buy a Car Wash
Unlock the potential of car wash investments with expert insights on types, costs, and strategies
How to Buy a Church Building
How to Buy a Church Building
Learn the essential steps for evaluating, purchasing, and converting religious facilities into profitable investments
Cash on Cash Return
Cash on Cash Return
Learn How Cash on Cash Return Can Optimize Your Real Estate Investments
Understanding Existing Office Space Conditions
Understanding Existing Office Space Conditions
The Differences Between Shell Space, Full and Partial Build-Outs and Spec Suites

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Johnston pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Johnston $216 34,220 SF
North Providence $176 9,358 SF
Greenville $196 5,334 SF
Cranston $216 20,221 SF
Providence $220 26,113 SF

Regional Demographic Comparison

This comparison places Johnston alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Johnston or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Johnston 31,053 12,518 45 $78,385 2 3,885 1%
Providence 181,279 67,912 34 $58,801 2 45,443 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Johnston, RI and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Johnston

View All Commercial Real Estate For Sale in Johnston
Is Johnston a good market for a first-time commercial real estate investor?

Johnston offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Johnston?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Johnston. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Johnston?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Johnston. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Johnston compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Johnston. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Johnston acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Johnston, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Cities
Commercial Market Reports