Drug Store

West Warwick, RI Drug Stores for Sale

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Warwick, RI Coventry, RI East Greenwich, RI Scituate, RI Cranston, RI West Greenwich, RI North Kingstown, RI Johnston, RI
Net-Leased CVS with Drive-Through
Updated: Apr 10
Net-Leased CVS with Drive-Through

1270 Main Street, West Warwick, RI 02893

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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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Walgreens Pharmacy Property
Updated: Apr 11
Walgreens Pharmacy Property

1155 Main Street, West Warwick, RI 02893

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Walgreens Pharmacy property at 1155 Main Street, West Warwick, RI 02893
Absolute NNN lease with no landlord responsibilities
10.5 years remaining and eight 5‑year options
10% rental increases every 10 years during the options
Located across from town hall on West Warwick’s main thoroughfare
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See what stands out in Kent County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in West 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.

Walgreens Drug Store Leasehold
Walgreens Drug Store Leasehold

1560 Warwick Ave, Warwick, RI 02889

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10,401 sqft 1.70 AC lot

NNN leasehold asset with a ground lease and renewal options for an established drug store occupant.

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Walgreens Drug Store with NNN Lease
Walgreens Drug Store with NNN Lease

2170 Acushnet Ave, New Bedford, MA 02745

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11,198 sqft 1.25 AC lot

The property carries an absolute NNN lease structure and fronts Acushnet Ave in New Bedford.

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Leased CVS Retail Building
Leased CVS Retail Building

2100 Acushnet Ave, New Bedford, MA 02745

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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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Freestanding Drug Store with Drive-Through
Freestanding Drug Store with Drive-Through

2055 Warwick Ave, Warwick, RI 02889

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Former pharmacy building offers drive-through access, substantial parking, and flexible commercial use potential.

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West Warwick, RI Drug Stores Market Trends and Statistics

Explore 2 drug stores for sale in West Warwick, RI on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 8
Automotive properties 2
Drug stores 2
Auto shops 1
Grocery and convenience stores 1

Demographics Overview

Population 31K
Population Growth (5Y) +6.4%
Median Household Income $73,903
College Educated 33.5%

Taxes & Financing

Tax Rate (average for all types) 3.10%
Property Tax per SF $31.33 per SF
Tax Rate vs County Average 0.59 pp above 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 West Warwick fall within the 10,000 to 25,000 square foot range.

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