Marcus & Millichap lists Oak Harbor Village Square for sale

Exeter, RI Marcus & Millichap was awarded the exclusive listing for the sale of Oak Harbor Village Square, a mixed-use property.

Thomas Shihadeh, Rhode Island broker of record, is leading the exclusive marketing campaign on behalf of the seller, with Adam Cohen working in association with Shihadeh from Massachusetts.

“Oak Harbor Village is an exceptionally well-maintained shopping center in the heart of an affluent community,” said Cohen.

The offering, located at 567 South County Trail, consists of 53,493 s/f across three buildings and 11.52 acres. Built in 2005, the property has received more than $880,000 in capital improvements, including roof and HVAC replacements and apartment renovations. Oak Harbor Village Square features a mix of retail, restaurant and service-oriented tenants, along with five residential apartments.

The property is positioned along Rte. 2, one of the primary commercial corridors serving Exeter and the surrounding South County communities, and close to Rte. 102 and I-95. Exeter is located near the University of Rhode Island’s flagship campus in Kingston and 25 miles southwest of Providence.