111 Chestnut Street — Lease in Providence, RI

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Providence, RI 02903

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Description

10,505 SF of Medical Outpatient Space Available CBRE Inc. is pleased to offer ±10,505 SF of medical outpatient space for lease at 111 Chestnut Street in Providence, Rhode Island. The available space has high end finishes and has been lightly utilized, presenting a unique opportunity for a medical provider .The property is located in the heart of the innovative and evolving Jewelry District of Providence. The Jewelry District is within walking distance of the downtown core and is home to many academic, medical and professional services. 111 Chestnut Street also offers immediate access to Interstates 95 and 195, offering convenient travel in and out of Providence. The building also has on-site parking.

Market Context

This office in Providence, RI is listed for lease. Compare it against other office listings for lease in Providence, RI — view the full market.

As of Q1 2026, the Providence office market showed a 12.8% vacancy rate, average asking rents near $22.79/SF/yr, and rents up 2.1% year over year. Source: Cushman & Wakefield Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

Is the Providence office market tightening or softening?
Vacancy is around 12.8%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$1.65/SF/mo – $2.24/SF/mo

Mid: $1.95/SF/mo

Based on comparable properties in similar markets rather than local sales.

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