Westerly, RI Shopping Centers for Lease
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Shopping centers for Lease in Nearby Cities
Similar Spaces for Sale in Westerly, RI
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.