64-68 Franklin St Westerly, RI 02891
- Retail properties
- 76,619 SF
Current Use by Public Records
- Retail properties
Property Details for 64-68 Franklin St
- Property size
- 76,619 SF
- Property type
- Retail properties
Description
Shoppes on Franklin presents a unique retail investment opportunity in Washington County. This multi-tenant property boasts a total of 76,619 square feet, with 31,416 square feet currently available for lease. The property is strategically located near I-95, offering excellent accessibility and high visibility to a large customer base. Its proximity to the Connecticut-Rhode Island state line, Westerly State Airport, and the popular Watch Hill and southern coastline beaches further enhances its desirability. The development plan includes the potential for up to 53,000 square feet of additional space, sub-dividable or build-to-suit, plus a separate outparcel of up to 3,800 square feet. Ample parking is provided with 316 spaces. This property is ideal for businesses seeking high-traffic locations with strong regional appeal. The existing space offers immediate occupancy for a variety of retail uses, while the development potential allows for customization to meet specific tenant needs. This is a rare opportunity to secure a prominent retail presence in a thriving coastal market. Contact us today to learn more about leasing options and development possibilities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Westerly
- County
- Washington
- State
- Rhode Island
- Longitude
- -71.8137
- Latitude
- 41.3637
