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40,000 SF-91,000 SF Light MFG/WHS/FLEX Space 262 Swansea Mall Dr 13,426 - 106,500 SF of Industrial Space Available in Swansea, MA 02777

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HIGHLIGHTS

  • Major redevelopment is currently underway at Swansea Center, transforming the site into the region's premier industrial hub and lifestyle center.
  • Up to 93,074 square feet of subdividable warehouse space is available, with plans to add dock-high and grade-level loading to suit tenant needs.
  • Adaptive reuse of a former, large anchor box and a 13,426-square-foot end unit, creating brand-new leasing opportunities for industrial users.
  • Capitalize on a prime location surrounded by many amenities, near Route 6 and Interstate 195, with easy access to Fall River, Providence, and Boston.

SPACE AVAILABILITY (2)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 13,426 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
Space Use
Industrial
Condition
Full Build-Out
Availability
Now

This 13,426-square-foot former Sears Auto Repair Center features two drive-in doors, a 14-foot clear ceiling height, is fully sprinklered, and offers ample parking.

  • Lease rate does not include utilities, property expenses or building services
  • 1st Floor
  • 20,000-93,074 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Industrial
Condition
Full Build-Out
Availability
Now
Space Size Term Rental Rate Rent Type
1st Floor 13,426 SF Negotiable Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)
1st Floor 20,000-93,074 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

1st Floor

Size
13,426 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Industrial
Condition
Full Build-Out
Availability
Now

This 13,426-square-foot former Sears Auto Repair Center features two drive-in doors, a 14-foot clear ceiling height, is fully sprinklered, and offers ample parking.

  • Lease rate does not include utilities, property expenses or building services

1st Floor

Size
20,000-93,074 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Industrial
Condition
Full Build-Out
Availability
Now

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

Total Space Available 106,500 SF
Min. Divisible 13,426 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 600,000 SF
Total Land Area 51.77 AC
Year Built/Renovated 1974/1988
Parking Ratio 4.92/1,000 SF

ABOUT THE PROPERTY

Swansea Center, located at 262 Swansea Mall Drive, presents an excellent opportunity for industrial tenants. Formerly housing retailers such as Macy's, Sears, JCPenney, and traditional mall tenants, a major redevelopment is underway to transform the 84-acre site into an industrial hub and mixed-use center. Current availabilities include a 93,074-square-foot of contiguous warehouse/flex space, which can be subdivided to fit tenant needs. Preliminary plans have been developed for the installation of loading doors (dock height, grade level, etc). An additional 13,426 square feet of industrial end-cap space with two grade-level overhead doors is also available. Property and site features include 14- to 21-foot clear ceiling heights and a large parking field for cars and trucks. Swansea Center is just off Route 6 and less than a mile from Interstate 195. Strategically located in Southern Massachusetts, the property offers convenient access to several major urban centers, such as Fall River (5 miles), Providence (less than 15 miles), and Boston (less than 55 miles). Swansea Center is also surrounded by national retailers, restaurants, service providers, and other amenities.

  • Food Court
  • Kiosk/Cart Space
  • Enclosed Mall

MARKETING BROCHURE

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
1,630
22,163
91,650
185,809
2029 Population
1,600
22,088
91,421
189,829
2024-2029 Projected Population Growth
-1.8%
-0.3%
-0.3%
2.2%
Median Age
49.2
46.3
44.1
42.3
College Degree + Higher
31%
31%
31%
17%
Daytime Employees
2,460
8,045
36,888
77,824
Total Businesses
357
1,034
4,423
9,961
Average Household Income
$126,325
$114,350
$102,517
$89,927
Median Household Income
$113,571
$102,713
$83,580
$68,850
Total Consumer Spending
$27.5M
$331.2M
$1.3B
$2.4B
2024 Households
697
8,678
37,556
77,354
Average Home Value
$456,751
$438,485
$461,855
$449,588
$ values in USD

NEARBY AMENITIES

HOTELS

Red Roof Inn
49 rooms
5 min drive

LEASING TEAM

LEASING TEAM

George Paskalis, Partner, SIOR
George Paskalis, SIOR and Partner at MG Commercial Real Estate, focuses on industrial and investment properties throughout Rhode Island and Southern Massachusetts with 25 years of experience.

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
Julie Freshman joined the MG Commercial Real Estate team in 2018 and is primarily focused on industrial property sales and leasing. Julie previously worked in the environmental consulting/engineering industry since 2003 in Rhode Island and southern Massachusetts, prior to transitioning to commercial real estate. Her business-friendly approach to client advocacy and focus on timely communications has helped move numerous property transactions and development projects along to completion.

Julie’s experience includes both buyer and tenant, and seller and landlord representation.  Notable recent assignments as a seller representative include the sale of a 50,000 SF industrial building in East Providence, RI for $4,800,000; the sale of a LEED Gold Certified 32,000 SF industrial / manufacturing  facility on just under 4 acres in the Quonset Business Park in North Kingstown, RI for $3,400,000; the sale of 39 acres of industrial land in East Providence, RI for $1,800,000; the sale of a 96,000 SF industrial building on just over 20 acres in Coventry, RI for $4,000,000; and the sale of a 55,000 SF fully-leased, single tenant industrial building in Cranston, RI for $4,500,000 as a buyer representative.

Julie holds an undergraduate degree in Environmental Science with a minor in Geography from the University of Delaware and a graduate degree in Energy and Environmental Analysis with a concentration in Geographic Information Systems from Boston University.

In 2017, Julie was the recipient of the Providence Business News "Women to Watch" Award. She received the Society of Office and Industrial Realtors® (SIOR) designation in 2025 as an Industrial Specialist.  This is the most prestigious professional designation that can be achieved in industrial and office real estate and is a professional symbol of the highest level of knowledge, production, and ethics in the commercial real estate industry. Julie is also an active member of organizations including the Rhode Island Manufacturers Association (RIMA), and the RI Chapter of the American Heart Association through it’s “Hard Hats with Heart” initiative focused on engaging with those in the construction and industrial industries and inspiring them to live healthier, longer lives.  Julie is a past board member on the board of directors for both the Rhode Island Commercial and Appraisal Board of REALTORS® and the Rhode Island Association of REALTORS®.

Julie resides with her husband and two daughters in Barrington, RI.
  • Listing ID: 30356857

  • Date on Market: 2023-12-13

  • Last Updated:

  • Address: 262 Swansea Mall Dr, Swansea, MA 02777

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