Property profile

and Rt. 1 Airport Rd Westerly, RI 02891

OFF-MARKET
Lifestyle centers
8,600 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail opportunity presents 8,600 square feet of vacant space within the Westerly Crossing Shopping Center, located at the intersection of Airport Road and Route 1 in Westerly, Rhode Island (zip code 02891). The property is classified as a retail shopping center with multiple tenancy options. The entire 8,600 square feet is currently available for lease, offering a unique chance for a single tenant to occupy the entire space. However, the space is also divisible, with a minimum leasable area of 3,500 square feet. This flexibility allows for businesses of various sizes to consider this location. Situated in Washington County, Rhode Island, this property benefits from high visibility due to its strategic location at a major intersection. The address provides easy access for customers and excellent exposure to significant traffic volume. The space is ideal for a variety of retail uses, offering a blank canvas for a business to establish a strong presence in the Westerly market. Interested parties should inquire about lease terms and conditions. The property's total square footage is 8,600 square feet, providing ample room for a large-scale operation or the potential for multiple smaller tenants. This prime retail space offers a compelling opportunity for businesses seeking a high-traffic location in a thriving community.

Property profile

Verified
Property type Lifestyle centers
Total area 8,600 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

and Rt. 1 Airport Rd Westerly, RI 02891
Westerly metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own and Rt. 1 Airport Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message