1250 Quaker Lane, East Greenwich, RI 02818

Building Details

Tenancy Single More

Listing Agency: Atlantic Capital Partners

Listed By: Eric Suffoletto · License MA #9577141 Show Phone

Source: Crexi

Added: Nov 3 Changed: Nov 8 Last Checked: Nov 8 at 3:58PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlantic Capital Partners

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

Texas Roadhouse has operated at this restaurant location since 2008. A new corporate Absolute NNN ground lease is scheduled to begin November 1, 2026, for a 15-year term. The lease provides for 10% rent increases every five years and includes three additional five-year renewal options, with no landlord responsibilities. Recent capital work and interior renovations have also been completed.

The site is on Quaker Lane, which carries 27,400 vehicles per day, and has convenient access to I-95 and Route 4. The restaurant is adjacent to Chick-fil-A and positioned in front of the renovated Showcase Cinemas complex. Within three miles, the trade area has 45,512 residents and an average household income of $105,865.

Key Highlights

• Texas Roadhouse has operated at this location since 2008
• 15‑year corporate Absolute NNN ground lease begins November 1, 2026
• 10% rent increases every five years; three additional five‑year renewal options

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Hair Salon HVAC Service Pharmacy Parking Lot & Garage Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

27,400 VPD

Traffic count

Single-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

642

Businesses Nearby

180k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 72% Shops & Services 20% Beauty & Spa 3% Electronics 3%

McDonald's Dining

35,564 visits/mo 0.1 miles

Texas Roadhouse Dining

27,939 visits/mo 0.0 miles

Shell Shops & Services

26,064 visits/mo 0.1 miles

Dunkin' Donuts Dining

20,070 visits/mo 0.1 miles

Starbucks Dining

18,686 visits/mo 0.1 miles

Demographics for 02818, RI

19,907

Population

8,623

Households

2.3

Avg Household Size

45

Median Age

63%

College-Educated

97%

High-School Grad

21.2 sq mi

ZIP Area

939

Density / Sq Mi

$120,952

Median Household Income

$72,985

Median Earnings

$1,384

Median Rent

$564,800

Median Home Value

Market

Average Price Trend$/SF for Conventional restaurants in Kent County, RI

$105 Jul

$185 Aug

$189 Sep

$185 Oct

Properties on Market for Conventional restaurants in Kent County

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Similar For Sale Nearby

See more

Leased Medical Office Condominiums

1407 South County Trail, Units 421 & 423, East Greenwich, RI 02818

$1,720,000

46,183 SF

View details

Mixed-Use Property with Tavern

91 Duke Street, East Greenwich, RI 02818

$1,499,000

5,557 SF

View details

Renovated Two-Building Quadplex

153 Marlborough St, East Greenwich, RI 02818

$1,350,000

4,517 SF

View details

Frame-and-Masonry Office Building

688 Frenchtown Road, East Greenwich, RI 02818

$1,000,000

0.85 Acres

View details

Brick-Front Flex Space

115 Duke St, East Greenwich, RI 02818

$750,000

3,320 SF

View details

Single-Level Office Suite with Parking

6-61 Cedar Ave, East Greenwich, RI 02818

$629,000

3,560 SF

View details

Mixed-Use Property with Heated Garage

5555 Post Rd, East Greenwich, RI 02818

$599,000

3,228 SF

View details

Office Unit with High Ceilings

3-61 Cedar Ave, East Greenwich, RI 02818

$329,900

1,380 SF

View details

Flexible Office Unit with High Ceilings

61 Cedar Avenue 3, East Greenwich, RI 02818

$299,900

1,380 SF

View details

Second-Floor Flex Office Suite

2900 South County Trail, East Greenwich, RI 02818

Contact for pricing

1,600 SF

View details

Multi-Tenant Office Building

5750 Post Road, East Greenwich, RI 02818

Contact for pricing

16,169 SF

View details

East Greenwich Freestanding Office Building

5670 Post Road, East Greenwich, RI 02818

Contact for pricing

1,560 SF

View details

Frequently Asked Questions

What type of property is this?

Conventional restaurant - A corporate Absolute NNN ground lease begins November 1, 2026, with scheduled rent increases and renewal options.

Where is this conventional restaurant located?

The property is located at 1250 Quaker Lane East Greenwich, RI.

What is the asking price?

The asking price for this property is $3,084,000.

What are key features of this property?

This property features: Texas Roadhouse has operated at this location since 2008; 15‑year corporate Absolute NNN ground lease begins November 1, 2026; 10% rent increases every five years; three additional five‑year renewal options