Former Big Lots Retail
219 S Main St, Attleboro, MA 02703
For Sale
$12,500,000
Over 30,000 sqft retail space with loading docks available for lease.
Property Size30,000 SF
Price / SF$416.67
Days on Market291
Property Features for 219 S Main St
General Information
Standard status
Size
Listing Agency:
Keller Williams Leading Edge
(401) 333-4900
Listed By:
Spectrum Real Estate Consultants Team
(401) 334-3334
Source:
Exprealty
Added: Jan 26
Changed: Aug 8
Last Checked: Aug 25 at 8:17AM
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 Keller Williams Leading Edge
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a former Big Lots retail space available for lease, totaling over 30,000 square feet. The space includes 2 private, overhead doors with loading docks. The ceiling clear height is 15 feet, with a finished ceiling height of 13 feet. Rooftop HVAC units provide climate control. The shopping center is occupied by Dunkin Donuts, Seabra Foods, Family Dollar, Dialysis Center of Attleboro, other stores, and food establishments. The entire structure is fully sprinklered and provides parking for hundreds of cars. Illuminated pylon signage is available on South Main Street.
Key Highlights
- Large space available: Over 30,000 sqft, suitable for various business needs.
- Convenient loading: Features 2 private overhead doors with loading docks.
- Climate controlled: Rooftop HVAC units provide climate control.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$616,140
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,322,800
$12.3M
Cap Rate 7%
$8,802,000
$8.8M
Cap Rate 9%
$6,846,000
$6.8M
Market Conditions
NOI Build-Up for 30,000 SF
Gross rent
$900.0K $30.00/SF
− Vacancy
−$19.8K −$0.66/SF
EGI
$880.2K $29.34/SF
− OpEx
−$264.1K −$8.80/SF
NOI
$616.1K $20.54/SF
Area
Bristol County, MA
Vacancy
2.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,322,800
Cap Rate 7%
$8,802,000
Cap Rate 9%
$6,846,000
Alternative Uses
Best Use
Retail
$8.80M
$7.70M – $10.27M
NOI $616,140 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$18.27M
$15.99M – $21.31M
NOI $1,278,864 @ 7.0% cap · market cap 10.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
35k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 47%
Dining 36%
Shops & Services 17%
Big Lots
Superstores
16,527 visits/mo
0.2 miles
Dunkin' Donuts
Dining
12,497 visits/mo
0.1 miles
Family Dollar
Shops & Services
6,030 visits/mo
0.1 miles
Demographics for 02703, MA
46,389
Population
19,014
Households
2.4
Avg Household Size
42
Median Age
34%
College-Educated
90%
High-School Grad
26.8 sq mi
ZIP Area
1,731
Density / Sq Mi
$93,352
Median Household Income
$51,637
Median Earnings
$1,446
Median Rent
$409,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Bristol County, MA
Properties on Market for Retail space in Bristol County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Over 30,000 sqft retail space with loading docks available for lease.
Where is this retail space located?
The property is located at 219 S Main St Attleboro, MA.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: Large space available: Over 30,000 sqft, suitable for various business needs.; Convenient loading: Features 2 private overhead doors with loading docks.; Climate controlled: Rooftop HVAC units provide climate control.
