Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    563 Old Post Rd North Attleborough, MA

    For Lease
    Contact for pricing

    Retail space located near a large shopping mall.

    Type:RETAIL
    Property size:
    14,025 SF
    Lot size:
    18.65 Acres
    Added:
    Feb 4, 2025
    Days on Market:
    421
    Last Refresh:
    Mar 25 at 10:18 pm

    Property Features for 563 Old Post Rd

    General Information

    Standard status
    Active
    Size
    14,025 SF
    Lot size
    18.65 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 563 Old Post Rd Contact us

    We can help!

    Listing Contact
    Peter Flynn

    Listing agent Peter Flynn

    Listing office Carpionato Group

    Listing date Feb 4, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Carpionato Group

    Overview

    Retail Space Near Emerald Square

    This 14,025 square foot retail property is located on US Route 1, across from the 1.1 million square foot Emerald Square Mall. The property, known as Seven Mile Shops, is strategically positioned in a superregional retail market and is located a short distance from Route 295.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Dental Office Spa & Massage Center Auto Repair Shop Hair Salon Pharmacy Auto Parts Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Nearby Similar for Lease

    • $17/mo

      North Attleboro Office Space Available

      928 SF office space for rent in North Attleboro.
      16 E Washington St, North Attleboro, MA
      View Details
    • $22/mo

      New Retail Space in Attleboro

      5,000 SF ground level retail space in new development.
      21 East St, North Attleborough, MA
      View Details
    • Contact for pricing

      Retail Space in North Attleborough

      Retail spaces available for lease with prominent co-tenants.
      40 Cumberland Ave, North Attleborough, MA 02760
      View Details
    • $21/mo

      Well-Maintained Office Building For Rent

      Office building suitable for healthcare, retail, or professional services.
      543 Kelley Blvd, N Attleboro, MA
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail spaces available, ranging from 9,800 to 30,000 SqFt.
      40 Cumberland Ave, North Attleborough, MA 02760
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      21,525 SF retail space with excellent visibility and access.
      1212 S Washington St, North Attleborough, MA
      View Details
    • Contact for pricing

      Retail/Restaurant Space For Lease

      Retail or restaurant space available for lease.
      640 S Washington St, North Attleborough, MA 02760
      View Details
    • Contact for pricing

      Retail Space in North Attleborough

      Retail spaces available in a busy shopping center.
      40 Cumberland Ave, North Attleborough, MA
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in North Attleborough, MA.
      1009 S Washington St, North Attleborough, MA 02760
      View Details
    • Contact for pricing

      Emerald Square Mall Retail Space

      Retail spaces available in Emerald Square Mall.
      999 S Washington St, North Attleborough, MA 02760
      View Details
    • Contact for pricing

      Retail Space on Route 1

      Retail space with high visibility on a well-traveled route.
      110 E Washington St, North Attleboro, MA
      View Details
    • Contact for pricing

      Retail Space Near Emerald Square

      Retail spaces for rent near Emerald Square Mall and I-295.
      1174 S Washington St, North Attleborough, MA 02760
      View Details

    FAQs

    What type of property is this?
    Strip mall - Retail space located near a large shopping mall.
    Where is this strip mall located?
    The property is located at 563 Old Post Rd North Attleborough, MA.
    What are key features of this property?
    This property features: Located on US Route 1; Across from Emerald Square Mall (1.1 Million SF); Strategically positioned in a superregional retail market
    (401) 273-6800
    We can help!
    Listing Contact
    Peter Flynn
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!