and Rt. 1 Airport Rd Westerly, RI 02891
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.