Westerly, RI Storefront Properties for Lease
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Westerly, RI Storefront properties Lease Rates & Market Statistics
Browse 3 Storefront properties for lease in Westerly, RI on Realmo, a commercial real estate marketplace serving the Westerly area. The current inventory totals 4,263 square feet of properties.
Asking lease rates for Storefront properties in Westerly start at $15 SF/Yr, average $16.50 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 $16.50 SF/Yr is 18% below the Rhode Island state average of $20.02 SF/Yr.
Westerly accounts for 50% of the 6 storefront properties currently available across Washington County, where nearby markets include South Kingstown and North Kingstown. Storefront properties are one of the more limited space types in Westerly, with just 3 listings currently available — a scarcity worth factoring into lease negotiations. Also worth a look for tenants weighing alternatives: Shopping centers (6 listings) elsewhere in the Westerly market.
