207 Swansea Mall DrSwansea, MA 02777

Property Details for 207 Swansea Mall Dr

Year built

1990

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

26.96 AC

Property size (Sq ft)

177,003 SF

Zone code

C

Property type

Retail properties

Property subtype

Other retail properties

APN

SWAN M:007.0 B:0000 L:0004A

APU

SWANM0070B0000L0004A

Description

Swansea Crossing, located at 207 Swansea Mall Drive in Swansea, Massachusetts (zip code 02777), offers an exceptional opportunity for retail businesses seeking high-visibility space in a thriving shopping center. This 66,049 square foot retail center sits on a 219,147 square foot lot in Bristol County and currently has 66,049 square feet of vacant space available for lease. The property features multiple tenancy options, with spaces ranging from a minimum of 2,430 square feet to a maximum contiguous space of 40,000 square feet, providing flexibility for various business needs. Swansea Crossing boasts a strong anchor tenant lineup including Tractor Supply Co., Namco, Big Lots, Yankee Spirits, and Get Air Trampoline Park, ensuring high foot traffic and a vibrant shopping environment. The center enjoys excellent visibility and accessibility, with direct frontage on Swansea Mall Drive (Route 118), across from the Swansea Mall, and convenient access to Interstate 195. This location offers significant advantages for businesses seeking exposure to a large customer base in a bustling retail area. The property is ideal for a variety of retail uses, including restaurants, entertainment venues, and shopping center tenants. This is a rare opportunity to secure prime retail space in a well-established and successful shopping center.

• CAP approach

  CAP return

  Valuation

  6%

  $43,017,908

  6.5%

  $39,708,840

  7%

  $36,872,492

• Comparable approach

  Method

  Valuation

  Relative Method

  $58,280,576

  Geo Method

  $58,280,576

• Alternative Use

  Use

  Valuation

  Residential

  $33,495,890

  Hospitality

  $30,682,056

  Educational

  $25,527,110

  Medical

  $26,405,026

  Retail

  $39,708,840

Location Insight

City

Swansea

County

Bristol

State

Massachusetts

Latitude

41.755

Longitude

-71.2134

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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