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240 Post Rd 1,300 - 2,763 SF of Retail Space Available in Westerly, RI 02891
HIGHLIGHTS
- Two abutting spaces - 1,463 sq ft & 1,300 sq ft
- 20,000 +/- cars per day
- Close proximity to beaches
- Can be leased together or separately
- Excellent Route 1 exposure
- Strong co-tenancy
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2 | 1,463 SF | 1-3 Years | $18.00 /SF/YR $1.50 /SF/MO $26,334 /YR $2,195 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 3 | 1,300 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $23,400 /YR $1,950 /MO | Triple Net (NNN) |
1st Floor, Ste 2
Prime retail opportunity located on busy Route 1 near the Dunn’s Corners intersection—one of the primary gateways to Westerly’s beaches. Offering 2 adjoining spaces 1,463 sq ft and 1,300 sq ft that can be leased together or separately. This high-traffic shopping plaza features established co-tenants including Honey Dew Donuts, Salon 240, and King’s Nails & Spa. The property benefits from excellent exposure, easy access, and close proximity to national retailers and restaurants, making it well suited for a variety of retail and service uses.
- Lease rate does not include utilities, property expenses or building services
- Two abutting spaces 1, 463 sq ft and 1,300 sq ft
- Can be leased together or separately
- 20,000 +/- cars per day
- Excellent Route 1 exposure
- Close proximity to beaches
- Strong co-tenancy
1st Floor, Ste 3
Prime location located on busy Route 1 near Dunn's Corners intersection which serves as a major thoroughfare to Westerly beaches. This unit is 1,300 sq ft and adjoins a 1,463 sq ft unit that can be leased together or separately. High traffic count. Busy shopping plaza with Honey Dew Donuts, Salon 240 and King's Nails & Spas as co-tenants. Close to national retailers & restaurants.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Located on Dunn's Corners Intersection on Rt 1
- High traffic count
- Close to Westerly Beaches
- Close to National Retailer & Restaurants
- 1,300 sq ft unit with strong co-tenancy
- Ample parking
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 240 POST RD, WESTERLY, RI 02891
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Bomb Burritos & Bowls
- Restaurant
- 1
- -
- Honey Dew Donuts
- Retailer
- -
- -
- Kings Nails & Spas
- Services
- -
- -
- Salon 240
- Services
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Bomb Burritos & Bowls | Restaurant | 1 | - |
| Honey Dew Donuts | Retailer | - | - |
| Kings Nails & Spas | Services | - | - |
| Salon 240 | Services | - | - |
PROPERTY FACTS
| Total Space Available | 2,763 SF | Gross Leasable Area | 7,500 SF |
| Property Type | Retail | Year Built | 1972 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 5.47/1,000 SF |
| Total Space Available | 2,763 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,500 SF |
| Year Built | 1972 |
| Parking Ratio | 5.47/1,000 SF |
ABOUT THE PROPERTY
Prime retail opportunity located on busy Route 1 near the Dunn’s Corners intersection—one of the primary gateways to Westerly’s beaches. Offering 2 adjoining spaces 1,463 sq ft and 1,300 sq ft that can be leased together or separately. This high-traffic shopping plaza features established co-tenants including Honey Dew Donuts, Salon 240, and King’s Nails & Spa. The property benefits from excellent exposure, easy access, and close proximity to national retailers and restaurants, making it well suited for a variety of retail and service uses. NNN lease, CAM charges not included.
- Signage
Presented by
240 Post Rd
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