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NNN-Leased Retail Plaza
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167 Granite St, Westerly, RI 02891

Multi-tenant retail plaza with NNN leases and a lower-level space featuring an overhead door.

Property SizeContact for details
Lot Size0.60 Acres
Days on Market132

Property Features for 167 Granite St

General Information

Standard status Active
Lot size 0.60 Acres
Property subtype Retail
Zoning HC

Building Details

Tenancy Multi
Listing Agency: Sweeney Real Estate
Listed By: Thomas Sweeney · License #RI
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 3:01PM

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 Sweeney Real Estate

Investment Insights

Based on property information with market context.

This multi-tenanted retail plaza investment includes NNN-leased retail space totaling approximately 12,090± SF, along with an additional lower level of approximately 11,370± SF that features an overhead door. The offering is described as having a strong rental history and is supported by a highway-commercial zoning designation.

The property is located on a retail corridor of Route 1 at a signalized intersection. Nearby retail anchors and brand neighbors include CVS, Walgreens, Dunkin, and Starbucks.

The configuration supports a mix of standard retail frontage and a service-access component through the lower-level overhead door, which may be beneficial for certain operations within the confines of the existing lease setup.

Key Highlights

  • 12,090± SF multi‑tenant retail plaza investment with NNN leases and strong rental history
  • Includes 11,370± SF lower‑level retail space with an overhead door
  • 0.60± acres of land

Property Analytics

Current Use

Intoxalock Ignition Interlock Building Supply Auto Audio Accessories Auto Parts Store Low Cost Ignition ... Building Supply Lifesafer Ignition Interlock Building Supply Smart Start Ignition ... Building Supply

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Plumbing Service Storage Facility Grocery & Convenience Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

893
Businesses Nearby
99k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 51% Shops & Services 46% Home Improvements & Furnishings 1% Electronics 1%
Cumberland Farms Shops & Services
19,769 visits/mo 0.1 miles
McDonald's Dining
16,670 visits/mo 0.2 miles
Dunkin' Donuts Dining
13,213 visits/mo 0.0 miles
Starbucks Dining
11,234 visits/mo 0.1 miles
Mobil Shops & Services
8,424 visits/mo 0.1 miles

Demographics for 02891, RI

21,803
Population
12,660
Households
1.7
Avg Household Size
50
Median Age
41%
College-Educated
94%
High-School Grad
26.3 sq mi
ZIP Area
829
Density / Sq Mi
$90,435
Median Household Income
$49,448
Median Earnings
$1,249
Median Rent
$422,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail plaza with NNN leases and a lower-level space featuring an overhead door.
Where is this shopping center located?
The property is located at 167 Granite St Westerly, RI.
What are key features of this property?
This property features: 12,090± SF multi‑tenant retail plaza investment with NNN leases and strong rental history; Includes 11,370± SF lower‑level retail space with an overhead door; 0.60± acres of land
(401) 331-9300 Call to check price and availability
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