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    Warwick, RI
    Drug Store

    Warwick, RI Drug Stores for Sale

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    Walgreens Drug Store Leasehold
    Updated: Apr 11
    Walgreens Drug Store Leasehold

    1560 Warwick Ave, Warwick, RI 02889

    Contact for pricing
    10,401 sqft 1.70 AC lot
    Walgreens‑occupied 10,401 +/- SF building completed in 2004
    1.7 AC leasehold property with a ground lease having 46+ years remaining
    NNN lease with zero landlord responsibilities
    8 five‑year renewal options beginning March of 2025
    70+ parking spaces at a 6‑lane intersection with 65,000 cars a day
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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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Warwick, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Corner-Parcel CVS Retail Building
    Corner-Parcel CVS Retail Building

    136 Ashley Boulevard, New Bedford, MA 02746

    Contact for pricing
    12,900 sqft 1.23 AC lot

    Single-tenant CVS property offering 12,900 square feet with corner-parcel access from three roadways.

    View details
    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.

    View details
    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.

    View details
    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.

    View details

    Warwick, RI Drug Stores Market Trends and Statistics

    Explore 1 drug stores for sale in Warwick, RI on our real estate platform. These investment opportunities span a total of 10,401 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 23
    Shopping centers 19
    Automotive properties 5
    Auto shops 3
    Grocery and convenience stores 2

    Demographics Overview

    Population 77K
    Population Growth (5Y) +2.1%
    Median Household Income $88,549
    College Educated 32.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.52%
    Property Tax per SF $27.38 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kent County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Residential Income

    Property Size Breakdown

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

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