Drug Store

Johnston, RI Drug Stores for Sale

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Cranston, RI North Providence, RI Providence, RI Smithfield, RI Scituate, RI Woonsocket, RI North Smithfield, RI Glocester, RI
Single-Tenant Drugstore Net Lease
Updated: Apr 11
Single-Tenant Drugstore Net Lease

1993 Plainfield Pike, Johnston, RI 02919

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CVS drugstore for sale under an absolute net lease with 17 years remaining
Lease is guaranteed by CVS Corporation; includes ten (5‑year) options with 2.5% rental increases each
No landlord responsibilities; delivered free and clear of debt
Lease was extended in 2019 for a fresh 20‑year term at this location
Located on Plainfield Pike with 30,452 vehicles per day traffic count
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Johnston, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Walgreens Drive-Through Pharmacy
Walgreens Drive-Through Pharmacy

342 Power Road, Pawtucket, RI 02860

Contact for pricing
1.30 AC lot

Remodeled former Rite Aid site with a drive-through and two ingress/egress modes, offering 10% rental increases every ten years.

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Leased CVS Retail Building
Leased CVS Retail Building

2100 Acushnet Ave, New Bedford, MA 02745

Contact for pricing
15,540 sqft 0.89 AC lot

A CVS-occupied retail building with leased back-area redevelopment potential on mixed-use zoned land.

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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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Drug Store Portfolio with Guaranty
Drug Store Portfolio with Guaranty

1737 Acushnet Ave, New Bedford, MA 02746

Contact for pricing

For sale drug store portfolio presented with a corporate guaranty and a stated 6.00% cap rate.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

16 Acre Commercial Land Parcel
16 Acre Commercial Land Parcel

2621 ROUTE 9, Malta, NY 12020

$1,170,000
16.00 AC lot

16-acre commercial land with development potential in Malta, NY.

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Commercial Land in Ogdensburg, NY
Commercial Land in Ogdensburg, NY

720 Canton, Ogdensburg, NY 13669

$100,000
8,500 sqft

Commercial land with frontage on Canton St, near Kinney Drugs.

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Prime Commercial Lot in Perryville
Prime Commercial Lot in Perryville

1105 PERRYVILLE Road, Perryville, MD 21903

$489,900
1.10 AC lot

High-exposure commercial lot with frontage on Perryville Road and Aiken Avenue.

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Rochester Development Site on Corner
Rochester Development Site on Corner

2032 Lyell Avenue, Rochester, NY 14606

$399,999
1,350 sqft 0.13 AC lot

High-visibility corner lot suitable for various commercial uses.

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Johnston, RI Drug Stores Market Trends and Statistics

Explore 1 drug stores for sale in Johnston, RI on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 6
Automotive properties 3
Auto shops 2
Storefront properties 2
Car washes 1

Demographics Overview

Population 29K
Population Growth (5Y) +0.8%
Median Household Income $87,811
College Educated 37.3%

Taxes & Financing

Tax Rate (average for all types) 2.39%
Property Tax per SF $37.43 per SF
Tax Rate vs County Average 0.40 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Providence County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Providence County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Johnston fall within the 100,000+ square foot range.

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