Shopping Center

Westerly, RI Shopping Centers for Lease

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Pawcatuck, CT Stonington, CT North Stonington, CT Mystic, CT Charlestown, RI Groton, CT Ledyard, CT Preston, CT
Two-Space Retail Property
Updated: Sep 2
Two-Space Retail Property

240 Post Road 2 & 3, Westerly, RI 02891

$18 SF/Yr
2,763 sqft
Two adjoining retail areas totaling 2,763 square feet
1,463‑square‑foot and 1,300‑square‑foot spaces available together or separately
Located on Route 1 near the Dunn's Corners intersection
Established shopping plaza with Honey Dew Donuts, Salon 240, and King's Nails & Spa
NNN lease structure; CAM charges not included
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Retail Space on Busy Route
Updated: Mar 24, 2025
Retail Space on Busy Route

240 Post Rd, Westerly, RI

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1,300 sqft 0.94 AC lot
Prime location on busy Route 1 near Dunn's Corners intersection.
High traffic count.
Located in a busy shopping plaza.
Co‑tenants include Honey Dew Donuts, Bomb Burritos, Salon 240 and King's Nails & Spas.
Major thoroughfare to Westerly beaches.
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Retail Space Under Development
Retail Space Under Development

76 Franklin St, Westerly, RI

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7,225 sqft 0.37 AC lot

Retail space available for lease in Westerly, Rhode Island.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Retail Space Under Development
Retail Space Under Development

68 Franklin St, Westerly, RI

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31,416 sqft 4.32 AC lot

Retail space available for lease in Westerly, Rhode Island.

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Retail Development at Westerly Crossings
Retail Development at Westerly Crossings

151 Franklin St, Westerly, RI 02891

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151,770 sqft

Well-positioned retail development at the intersection of Route 78 and Route 1.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 5 Active listings in Westerly, RI, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 2 Properties for Sales.

Shopping centers for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Retail Spaces in Shopping Center
Retail Spaces in Shopping Center

351 North Frontage Road, New London, CT 06320

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4,068 sqft

Retail spaces available in New London shopping center.

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Retail Space Anchored by Big Y
Retail Space Anchored by Big Y

985 Poquonnock Rd, Groton, CT

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1,757 sqft 0.98 AC lot

Retail space available in Groton shopping center with improvements.

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ShopRite-Anchored Retail Mall
ShopRite-Anchored Retail Mall

351 N Frontage Rd, New London, CT 06320

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1,071 sqft

Retail space available within a ShopRite-anchored mall off I-95 featuring tenants including Marshalls and HomeGoods.

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Dominant Retail Center in Groton
Dominant Retail Center in Groton

220 CT-12, Groton, CT

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3,433 sqft 17.68 AC lot

Retail space in Groton Square near major retailers.

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Similar Spaces for Sale in Westerly, RI

Consider Similar Space for Sale. We found 2 Spaces matching your search parameters.

Shopping Center Ground Lease
Shopping Center Ground Lease

96 Cross Street, Westerly, RI 06770

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5,476 sqft

Ground lease includes 10 years remaining and participation in subtenant gross rents.

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Adjoining Retail Suites on NNN
Adjoining Retail Suites on NNN

240 Post Road, Unit 2 & 3, Westerly, RI 02891

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Two NNN retail suites with an adjoining setup, located on busy Route 1 near Dunn's Corners.

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Westerly, RI Shopping centers Lease Rates & Market Statistics

Browse 5 Shopping centers for lease in Westerly, RI on Realmo, a commercial real estate marketplace serving the Westerly area. The current inventory totals 194,474 square feet of properties.

Asking lease rates for Shopping centers in Westerly start at $18 SF/Yr, average $18 SF/Yr, and reach $18 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $18 SF/Yr is 16% above the Rhode Island state average of $15.56 SF/Yr.

Westerly accounts for 45% of the 11 shopping centers currently available across Washington County, where nearby markets include North Kingstown and Narragansett. Shopping centers make up 28% of the 18 Retail properties & Spaces currently for lease in Westerly, with asking rates averaging $18 SF/Yr — 13% above the citywide Retail properties & Spaces average of $15.94 SF/Yr. Also worth a look for tenants weighing alternatives: Storefront properties (3 listings) elsewhere in the Westerly market.

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