Building Details

Year Built 1982

Listing Agency: Streamline Realty Group, LLC Show Phone

Listed By: Craig Howard · License #9535249 Show Phone

Source: Lockandkeyre

Added: Sep 4 Changed: Oct 25 Last Checked: Oct 24 at 5:03PM

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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 Streamline Realty Group, LLC

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Investment Insights

Based on property information with market context.

This 4,150-square-foot retail storefront includes a loading dock and was built in 1982. The space is located within the Swansea Mall commercial area and is positioned among national retailers including Five Below, Dollar Tree, PetSmart, Burlington, and ALDI. Entertainment Luxury Cinemas is also identified as soon to open nearby.

The property has immediate access to I-195, connecting the Swansea area with Fall River, Providence, and the broader South Coast. Municipal sewer installation is underway along the RT118 commercial corridor, with completion expected in the near future. The improvement is identified as supporting additional development and potentially expanding uses that depend on sewer service.

Key Highlights

• 4,150 SF retail storefront with a loading dock
• Located within the Swansea Mall commercial area
• Immediate access to I‑195

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$85,233

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,704,660 $1.7M

Cap Rate 7%

$1,217,614 $1.2M

Cap Rate 9%

$947,033 $947.0K

What to ask about pricing

Market Conditions

NOI Build-Up for 4,150 SF

Gross rent

$124.5K $30.00/SF

− Vacancy

−$2.7K −$0.66/SF

EGI

$121.8K $29.34/SF

− OpEx

−$36.5K −$8.80/SF

NOI

$85.2K $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%

$1,704,660

Cap Rate 7%

$1,217,614

Cap Rate 9%

$947,033

Alternative Uses

Best Use

Retail

$1.22M

$1.07M – $1.42M (±1% cap)

NOI $85,233 @ 7.0% cap · market cap 710,275.00%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$2.53M

$2.21M – $2.95M (±1% cap)

NOI $176,910 @ 7.0% cap · market cap 1,474,250.00%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

The Emporium Discount Store Subway Take-out & Catering The Threading Place( Swansea ... Hair Salon The Ninth Events Venue Hotel & Motel Inner Peace Bodywork ... Spa & Massage Center

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Kitchen & Bath Showroom Building Supply Plumbing Service Storage Facility

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

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

461

Businesses Nearby

414k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Superstores 49% Dining 21% Shops & Services 13% Apparel 12%

Walmart Superstores

97,509 visits/mo 0.4 miles

Target Superstores

89,989 visits/mo 0.4 miles

Marshalls Apparel

40,717 visits/mo 0.5 miles

McDonald's Dining

28,578 visits/mo 0.3 miles

Dollar Tree Shops & Services

24,717 visits/mo 0.1 miles

Demographics for 02777, MA

17,133

Population

6,780

Households

2.5

Avg Household Size

46

Median Age

34%

College-Educated

90%

High-School Grad

22.6 sq mi

ZIP Area

758

Density / Sq Mi

$116,627

Median Household Income

$60,548

Median Earnings

$1,332

Median Rent

$414,900

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

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Frequently Asked Questions

What type of property is this?

Storefront property - Retail space with a loading dock in the Swansea Mall commercial area near I-195.

Where is this storefront property located?

The property is located at 79 Swansea Mall Drive Unit 6 Swansea, MA.

What are key features of this property?

This property features: 4,150 SF retail storefront with a loading dock; Located within the Swansea Mall commercial area; Immediate access to I‑195