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Highlights
- Major redevelopment recently completed at Swansea Center, transforming the former Swansea Mall into mixed-use center
- 110,000 square feet of retail space are available, with multiple modern storefronts and brand-new parking lots and sidewalks.
- Anchored by a recently renovated 153,000-square-foot Walmart Supercenter, that is reported to have over 1.6 million visitors annually.
- Discover retail, industrial, office, and medical space available for lease.
- Join a 25,000-square-foot Crunch Fitness, a climate-controlled Prime Self-Storage facility, His Providence Church, and Unified Packaging.
Space Availability (6)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor - Indust./Automotive | 13,426 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
1st Floor - Office/Industrial | 40,000-91,025 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
1st Floor, Ste Office/Medical | 19,548-40,357 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
1st Floor, Ste Retail 1 | 1,500-5,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
1st Floor, Ste Retail 2 | 7,000-10,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
1st Floor, Ste Retail 3 | 10,224-15,805 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
262 Swansea Mall Dr - 1st Floor - Indust./Automotive
For more information please reach out to George, Julie, or Michael at MG Commercial.
262 Swansea Mall Dr - 1st Floor - Office/Industrial
For more information please reach out to George, Julie, or Michael at MG Commercial.
262 Swansea Mall Dr - 1st Floor - Ste Office/Medical
- Located in-line with other retail
262 Swansea Mall Dr - 1st Floor - Ste Retail 1
For more information please reach out to Chris or Travis at Summit Realty.
- Located in-line with other retail
- Space is in Excellent Condition
262 Swansea Mall Dr - 1st Floor - Ste Retail 2
For more information please reach out to Chris or Travis at Summit Realty.
- Located in-line with other retail
262 Swansea Mall Dr - 1st Floor - Ste Retail 3
For more information please reach out to Chris or Travis at Summit Realty.
- Highly Desirable End Cap Space
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.
PROPERTY FACTS FOR 262 Swansea Mall Dr , Swansea, MA 02777
Min. Divisible | 1,500 SF | Frontage | Swansea Mall Dr |
Center Type | Power Center | Gross Leasable Area | 600,000 SF |
Parking | 2,510 Spaces | Total Land Area | 103.13 AC |
Stores | 86 | Year Built | 1974 |
Center Properties | 2 |
Min. Divisible | 1,500 SF |
Center Type | Power Center |
Parking | 2,510 Spaces |
Stores | 86 |
Center Properties | 2 |
Frontage | Swansea Mall Dr |
Gross Leasable Area | 600,000 SF |
Total Land Area | 103.13 AC |
Year Built | 1974 |
About the Property
Swansea Center at 262 Swansea Mall Drive presents an excellent opportunity for retail, commercial, and industrial tenants. Major redevelopment is underway to transform the 84-acre site into an experiential lifestyle center. Experience flexible availabilities in size and floor plan options to accommodate all business needs. For restaurant users, six liquor licenses will be allocated to the site. Access the property via three fully signalized intersections and benefit from guaranteed foot traffic from a neighboring Walmart and on-site residential units. Swansea Center sits at the confluence of Interstate 195 and Route 6. Cross the Massachusetts-Rhode Island border and arrive in the heart of Downtown Providence within an approximate 15-minute drive. Discover a vibrant lifestyle center and premier destination at Swansea Center, serving Swansea and the surrounding communities.
Marketing Brochure
DEMOGRAPHICS
Demographics
About Attleboro/New Bedford Retail
New Bedford and Attleboro are bookends to a highly-connected corridor on the southwestern edge of Massachusetts, drawing shoppers from this state and nearby Providence (the metropolitan area they both fall under). New Bedford is a diverse and interesting place to visit or live, with a rich history and a thriving arts and culture scene. Attleboro is known for its jewelry industry, and is home to several jewelry manufacturers and outlets. The city has a rich history and is home to several historical landmarks and sites, including the Capron Park Zoo, the Attleboro Arts Museum, and the World War I Memorial Park.
Divided by roughly 45 minutes and 30 miles, each city has benefited from MassDevelopment's Transformative Development Initiative. The program is designed to promote economic growth in specific commercial districts within evolving urban industrial centers, and the impacts can be transformative. In 2022, Acushnet Avenue on New Bedford's North End was one of 12 chosen to receive a slice of nearly $25 million in state funding for economic development initiatives. Since 2015, investment of $20 million has created a return of almost 5x to the districts where funds were deployed.
Nearby Amenities
Restaurants |
|||
---|---|---|---|
Thai Taste | Thai | $ | 13 min walk |
Dunkin' | Cafe | - | 16 min walk |
Starbucks | Cafe | $ | 19 min walk |
Retail |
||
---|---|---|
Crunch | Fitness | 0 min walk |
CVS Pharmacy | Drug Store | 19 min walk |
Target | Dept Store | 19 min walk |
Leasing Teams
Leasing Teams
Jamison Bibaud, Associate Broker
Chris McMahon, Principal & Director of Brokerage
Travis Ginsberg, Vice President
George Paskalis, Partner, SIOR
He is an active member of SIOR (Society of Industrial and Office Realtors), currently President of the New England Chapter, having also served on the Board as Secretary, served as President of Rhode Island Building Owners Association, and is a member of RIMA (Rhode Island Manufacturing Association).
Julie Freshman, Vice President
Michael Giuttari, President Emeritus, SIOR
Presented by
Company Not Provided
Swansea Center | 262 Swansea Mall Dr
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