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CVS Pharmacy Drug Store
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2125 Diamond Hill Road, Cumberland, RI 02864

Signalized-corner retail location near I-295 with nearby retail, financial, healthcare, and service-oriented businesses.

Property SizeContact for details
Days on Market5

Property Features for 2125 Diamond Hill Road

General Information

Standard status Active
Property subtype Retail

Site & Location

Corner Location Yes
Highway Access Yes

Building Details

Tenancy Single
Listing Agency: CBRE - Atlanta
Listed By: Brian Pfohl · License #GA 349355
Source: Crexi
Added: Sep 9 Changed: Sep 11 Last Checked: Sep 13 at 4:34AM

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 CBRE - Atlanta

Investment Insights

Based on property information with market context.

This CVS pharmacy property is leased on an absolute NNN basis to CVS Health Corporation, which provides a corporate guaranty. The lease was extended through 2039 and has approximately 13.1 years remaining, along with ten 5-year renewal options.

The store occupies a hard corner at the signalized intersection of Diamond Hill Road and Angell Road in Cumberland, approximately 8 miles northeast of downtown Providence. The intersection carries reported volumes of 12,400 VPD and 13,100 VPD, while nearby I-295 and the Providence Beltway report 30,800 VPD. Adjacent uses include Sylvan Learning Center and Time for You Yoga; Dr. Day Care, Navigant Credit Union, and a Shell gas station are located across the intersection. Dave’s Fresh Marketplace, Bank of America, USPS, Dunkin’, Sunoco, Chapel Hill Senior Living, and Bear Hill Village Apartments are also within the surrounding area.

Key Highlights

  • Absolute NNN lease extended through 2039
  • Approximately 13.1 years of lease term remaining
  • Ten 5‑year renewal options

Property Analytics

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Current Use

Drug stores

Suggested Use

Top Pick Restaurant Auto Repair Shop Dental Office Hair Salon Law Firm Building Supply

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

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

205
Businesses Nearby
53k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 63% Dining 37%
Shell Shops & Services
17,253 visits/mo 0.0 miles
Dunkin' Donuts Dining
15,256 visits/mo 0.1 miles
Seasons Corner Market Shops & Services
6,536 visits/mo 0.0 miles
Bank of America Shops & Services
4,402 visits/mo 0.1 miles
Sunoco Shops & Services
4,330 visits/mo 0.1 miles

Demographics for 02864, RI

36,376
Population
14,735
Households
2.5
Avg Household Size
43
Median Age
43%
College-Educated
92%
High-School Grad
26.5 sq mi
ZIP Area
1,373
Density / Sq Mi
$118,737
Median Household Income
$62,041
Median Earnings
$1,251
Median Rent
$394,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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
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Similar Off Market Nearby

  • Chapel Pharmacy, Inc. 2081 Diamond Hill Rd, Cumberland, RI 02864
  • CVS Pharmacy 2125 Diamond Hill Rd, Cumberland, RI 02864
  • CVS 2125 Diamond Hill Rd, Cumberland, RI 02864

Frequently Asked Questions

What type of property is this?
Drug store - Signalized-corner retail location near I-295 with nearby retail, financial, healthcare, and service-oriented businesses.
Where is this drug store located?
The property is located at 2125 Diamond Hill Road Cumberland, RI.
What is the asking price?
The asking price for this property is $2,863,247.
What are key features of this property?
This property features: Absolute NNN lease extended through 2039; Approximately 13.1 years of lease term remaining; Ten 5‑year renewal options
(404) 504-7893 Call to check price and availability
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