Property summary
This 121,000 square foot, single-story shopping center, built in 1975, sits on a 15.79-acre lot and offers excellent visibility and ample parking with 543 spaces. Currently, there are eight available spaces ranging from 2,592 to 8,750 square feet, with lease rates varying from $6.50 to $16 per square foot. Three additional retail pad sites are available, up to 4,900 square feet each, with build-to-suit or ground lease options; rent will be determined based on landlord improvements. The property is zoned PUD and features a strong tenant mix including Ocean State Job Lot, Pioneer Bank, Goldfish Swim School, and several other established businesses. The property boasts a convenient location on Route 146, with a cross street of Vischer Ferry Road, and benefits from high traffic counts of 14,455 ADT. The minimum divisible space is 2,800 square feet, with a maximum contiguous space of 8,656 square feet. The property's APN is 270-2-55.1. This presents a unique opportunity for retail businesses seeking high visibility and strong demographics in a thriving community.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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