Two-Space Retail
New
For Lease
$18 SF/Yr NNN
240 Post Road 2 & 3, Westerly, RI 02891
Adjoining retail areas offer flexible leasing together or separately within an NNN lease structure.
Space Size1,300 SF - 2,763 SF
Days on Market2
Property Features for 240 Post Road 2 & 3
General Information
Standard status
Active
Size
1,300 SF - 2,763 SF
Net Rentable
1,300 SF
Lease Type
NNN
Space & Availability
Available Space
1,300-2,763 SF
Contiguous Space
2,763 SF
Divisible
Yes
Additional Details
Anchor Co-Tenants
Honey Dew Donuts, Salon 240, King's Nails & Spa
Building Details
Year Built
1987
Tenancy
Multi
Listing Agency:
Schilke Realty
Listed By:
The Schilke Team
(401) 637-4040
Source:
Alpernandmesenbourg
Added: Sep 2
Changed: Sep 3
Last Checked: Sep 3 at 1:55AM
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 offering includes two adjoining areas measuring 1,463 square feet and 1,300 square feet, with the option to lease them together or individually. The property was built in 1987 and is configured within a shopping plaza serving retail and service tenants. The lease structure is NNN, with CAM charges excluded.
Positioned along Route 1 near the Dunn's Corners intersection, the property is close to Westerly's beaches and a range of national retailers and restaurants. Existing plaza tenants include Honey Dew Donuts, Salon 240, and King's Nails & Spa, providing an established commercial setting for incoming occupants.
Positioned along Route 1 near the Dunn's Corners intersection, the property is close to Westerly's beaches and a range of national retailers and restaurants. Existing plaza tenants include Honey Dew Donuts, Salon 240, and King's Nails & Spa, providing an established commercial setting for incoming occupants.
Key Highlights
- Two adjoining retail areas totaling 2,763 square feet
- 1,463‑square‑foot and 1,300‑square‑foot spaces available together or separately
- Located on Route 1 near the Dunn's Corners intersection
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Westerly, RI
$15.39 /SF/Yr
Avg Asking Price
$7.13–$21 /SF/Yr
Price Range
2,891 SF
Avg Space Size
This space is priced 17% above the average of $15.39 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Adjoining retail areas offer flexible leasing together or separately within an NNN lease structure.
Where is this retail space located?
The property is located at 240 Post Road 2 & 3 Westerly, RI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Two adjoining retail areas totaling 2,763 square feet; 1,463‑square‑foot and 1,300‑square‑foot spaces available together or separately; Located on Route 1 near the Dunn's Corners intersection
