Rite Aid NNN
For Sale
Contact for pricing
200 Social Street, Woonsocket, RI 02895
The property carries an absolute net lease with scheduled ten-percent rent increases.
Property Size11,850 SF
Days on Market145
Property Features for 200 Social Street
General Information
Standard status
Active
Size
11,850 SF
Property subtype
Retail
Site & Location
Corner Location
Yes
Traffic Count
16,800 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Cushman & Wakefield - San Diego, California
Listed By:
Brandon Price · License #CA 01822998
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 9:25PM
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 Cushman & Wakefield - San Diego, California
Investment Insights
Based on property information with market context.
This 11,850-square-foot retail property is occupied by Rite Aid under a 20-year absolute net lease that began in May 2008. Approximately 11.5 years remained on the initial term when the property information was prepared. Contractual rent increases are set at 10% every ten years, with the next adjustment identified for June 2018; increases continue through the fifth option period, after which rent converts to fair market value.
The building stands at the signalized junction of Social Street and Veterans Parkway in Woonsocket, Rhode Island. It fronts Social Street, described as a principal east-west route into downtown, with reported daily traffic exceeding 16,800 vehicles. The site is across from a concentrated healthcare district that includes Ocean State Cardiovascular and Vein Center, Thundermist Health Center, Woonsocket Urgent Care, and New England Radiology. Other nearby retailers and service businesses include Dunkin Donuts, Family Dollar, Burger King, Bank of America, KFC, Subway, and Rent-A-Center. More than 62,400 residents live within a three-mile radius.
The building stands at the signalized junction of Social Street and Veterans Parkway in Woonsocket, Rhode Island. It fronts Social Street, described as a principal east-west route into downtown, with reported daily traffic exceeding 16,800 vehicles. The site is across from a concentrated healthcare district that includes Ocean State Cardiovascular and Vein Center, Thundermist Health Center, Woonsocket Urgent Care, and New England Radiology. Other nearby retailers and service businesses include Dunkin Donuts, Family Dollar, Burger King, Bank of America, KFC, Subway, and Rent-A-Center. More than 62,400 residents live within a three-mile radius.
Key Highlights
- 11,850‑square‑foot retail property occupied by Rite Aid
- 20‑year absolute net lease commenced in May 2008
- Approximately 11.5 years remained on the initial lease term
Property Analytics
Property Profile
Current Use
Lease Details
16,800 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,298
Businesses Nearby
58k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 41%
Home Improvements & Furnishings 1%
Burger King
Dining
10,981 visits/mo
0.1 miles
KFC
Dining
8,084 visits/mo
0.3 miles
Dunkin' Donuts
Dining
7,691 visits/mo
0.1 miles
Citizens Bank
Shops & Services
6,471 visits/mo
0.4 miles
Domino's Pizza
Dining
4,822 visits/mo
0.1 miles
Demographics for 02895, RI
43,269
Population
19,443
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
82%
High-School Grad
7.8 sq mi
ZIP Area
5,547
Density / Sq Mi
$58,579
Median Household Income
$40,929
Median Earnings
$1,116
Median Rent
$267,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
NNN property - The property carries an absolute net lease with scheduled ten-percent rent increases.
Where is this nnn property located?
The property is located at 200 Social Street Woonsocket, RI.
What are key features of this property?
This property features: 11,850‑square‑foot retail property occupied by Rite Aid; 20‑year absolute net lease commenced in May 2008; Approximately 11.5 years remained on the initial lease term
