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Retail Space on Busy Route
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240 Post Rd, Westerly, RI

Retail space available in busy Westerly shopping plaza.

Property Size1,300 SF
Lot Size0.94 Acres
Days on Market494

Property Features for 240 Post Rd

General Information

Standard status Active
Size 1,300 SF
Lot size 0.94 Acres
Property subtype RETAIL
Listing Agency: Schilke Realty
Listed By: Andy & Nick Schilke · License #REB.0790615
Source: Moodyscre
Added: Mar 24, 2025 Changed: Jul 6 Last Checked: Jul 21 at 4:26AM

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 Schilke Realty

Investment Insights

Based on property information with market context.

This retail space is located on a busy section of Route 1, near the Dunn's Corners intersection, a major thoroughfare to Westerly beaches. The location benefits from a high traffic count. The property is situated in a busy shopping plaza with co-tenants including Honey Dew Donuts, Bomb Burritos, Salon 240, and King's Nails & Spas. National retailers and restaurants are located nearby. The available space is 1300 square feet and is suitable for retail use.

Key Highlights

  • Prime location on busy Route 1 near Dunn's Corners intersection.
  • High traffic count.
  • Located in a busy shopping plaza.

Property Analytics

Current Use

Bomb Burritos & Bowls Restaurant Honey Dew Donuts Bakery Bomb Wings & Wedges Restaurant New King Nails ... Nail Salon Salon 240 Hair Salon

Suggested Use

Top Pick Law Firm Auto Repair Shop Auto Parts Store HVAC Service Hair Salon Pharmacy

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

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby
107k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 30% Home Improvements & Furnishings 27% Dining 25% Shops & Services 13%
Stop & Shop Groceries
32,652 visits/mo 0.1 miles
HomeGoods Home Improvements & Furnishings
19,230 visits/mo 0.2 miles
Michaels Shops & Services
13,978 visits/mo 0.2 miles
Burger King Dining
13,232 visits/mo 0.3 miles
McQuade's Ace Hardware Home Improvements & Furnishings
8,030 visits/mo 0.3 miles

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail space available in busy Westerly shopping plaza.
Where is this strip mall located?
The property is located at 240 Post Rd Westerly, RI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Prime location on busy Route 1 near Dunn's Corners intersection.; High traffic count.; Located in a busy shopping plaza.
(401) 326-2013 Call to check price and availability
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