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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

151 Franklin St Westerly, RI 02891

157,315 SF
Property ID
Property summary
AI-generated overview

Westerly Crossings offers exceptional retail opportunities in Washington County. This well-positioned center boasts 157,315 square feet of total building space, strategically located at the intersection of Route 78 and Route 1, a primary crossroads in the market. Its convenient location is adjacent to Westerly Airport and provides easy access to the exclusive Watch Hill and its beaches. The property features five total suites, with a minimum divisible space of 2,400 square feet and a maximum contiguous space of 4,861 square feet. Currently, 14,990 square feet of space is available for lease. Ample parking is provided with 822 spaces available for tenants and customers. This is an ideal location for businesses seeking high visibility and convenient access to a substantial customer base. The property's prime location and significant square footage make it an attractive investment for a variety of retail uses. The multiple tenancy structure allows for flexibility in leasing arrangements, catering to businesses of various sizes and needs. This is a rare opportunity to secure retail space in a thriving, high-traffic area. Contact us today to learn more about leasing opportunities.

Property profile
Verified
Property type Retail properties & Spaces
Total area 157,315 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Santander Bank ATM Atm
  • UPS Access Point location Courier Service Postal Service
  • CDReload Instant Bitcoin Crypto Atm
  • MinuteClinic at CVS Medical Clinic
  • CVS Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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