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    Rhode Island Drug Stores for Sale

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    Providence, RI Pawtucket, RI Woonsocket, RI Warwick, RI Cranston, RI East Providence, RI North Providence, RI West Warwick, RI
    Walgreens NNN Lease Opportunity
    Updated: Mar 30, 2023
    Walgreens NNN Lease Opportunity

    1201 Warwick Ave, Warwick, RI

    $2,777,176
    11,200 sqft 0.96 AC lot
    Absolute NNN Lease with Walgreens CO. - No Landlord Responsibilities
    High Density New England Location - Population North of 200,000 in a 5 Mile Radius
    Shadow Anchored by Rhode Island TF Green International Airport (4 million passengers annually)
    Strong Middle Class Demos - Average Household income $94,000+ in a 1 Mile Radius
    Value Add Potential - Large Lot Provides Reposition Opportunity
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    This listing looks promising.

    Here's a quick look at some key insights for

    1201 Warwick Ave, Warwick, RI

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    • Est. Cap Rate

      7.1%
      Above avg (5.9%)

    • Est. NOI

      $196K
      Annual

    • Mortgage

      $2.23M
      Dec 2014

    • Last Sold

      Dec 2014
      $2.43M

    • Property Type

      Commercial Building, Mail Order, Show Room (Non-Auto)
      Built 1993
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    Net-Leased CVS with Drive-Through
    Updated: Apr 10
    Net-Leased CVS with Drive-Through

    1270 Main Street, West Warwick, RI 02893

    Contact for pricing
    2.10 AC lot
    Newly constructed, single‑tenant net‑leased CVS on Main Street in downtown West Warwick, RI
    New CVS opened April 2017 with 25 years remaining on the initial lease term plus five 5‑year renewal options
    Lease provides fixed 5% rent increases every 5 years during the initial term, then 10% increases at the start of each renewal option period
    Prominent 2.1‑acre corner parcel at the southeast corner of a signalized intersection at Main St, Washington St, and Saint Mary’s St
    Site includes abundant parking and three points of ingress/egress
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    Long-Term NNN Walgreens Drugstore
    Long-Term NNN Walgreens Drugstore

    385 Cottage St, Pawtucket, RI 02861

    Contact for pricing

    True NNN Walgreens lease with guaranteed rent and zero landlord responsibilities.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 3 Active listings in Rhode Island, we suggest exploring several alternatives: similar 3 Off-Market properties to explore as potential leads

    Off-Market Properties in Rhode Island

    Consider similar Off-Market properties in Rhode Island. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

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    457 Smithfield Ave, Pawtucket, RI 02860

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    Rhode Island Drug Stores Market Trends and Statistics

    Explore 6 drug stores for sale in Rhode Island, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,200 square feet of properties for sale, with an estimated market value of $2,777,176.

    Sale prices for pharmacies in Rhode Island start at $2,777,176, averaging $2,777,176, and reaching up to $2,777,176 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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