Walgreens Drug Store with Lease
For Sale
Contact for pricing
3336 Post Road, Warwick, RI 02886
Operating retail pharmacy at a signalized intersection with a corporate-backed double net lease.
Property SizeContact for details
Days on Market145
Property Features for 3336 Post Road
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Gross Income
$195,568
Traffic Count
25,500 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Pharma Property Group
(619) 297-0055
Listed By:
Jason Pongsrikul · License #CA 01918332
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 2:07AM
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 Pharma Property Group
Investment Insights
Based on property information with market context.
The property is a Walgreens drug store at 3336 Post Road in Warwick, Rhode Island. Walgreens has exercised its first option, with approximately five years remaining on the current lease before eight additional 5-year options. The lease is structured on a double net basis, with the landlord responsible for the roof and structure, and includes increases during the remaining option periods.
Income is guaranteed by the Walgreens parent company, described as an S&P BBB investment-grade Fortune 500 company with over 9,500 locations. The site occupies the signalized intersection of Plainfield Street and Atwood Avenue, where traffic is approximately 25,500 vehicles per day. The property is approximately eleven miles southeast of downtown Providence and provides access to over 300,000 residents within a 10-mile radius. Warwick is part of the Providence metropolitan area and is located in Kent County.
Income is guaranteed by the Walgreens parent company, described as an S&P BBB investment-grade Fortune 500 company with over 9,500 locations. The site occupies the signalized intersection of Plainfield Street and Atwood Avenue, where traffic is approximately 25,500 vehicles per day. The property is approximately eleven miles southeast of downtown Providence and provides access to over 300,000 residents within a 10-mile radius. Warwick is part of the Providence metropolitan area and is located in Kent County.
Key Highlights
- Walgreens exercised its first lease option
- Approximately five years remain before eight additional 5‑year options
- Double net lease with landlord responsibility for roof and structure
Property Analytics
Current Use
Lease Details
25,500 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
786
Businesses Nearby
56k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 50%
Cumberland Farms
Shops & Services
18,140 visits/mo
0.1 miles
Dunkin' Donuts
Dining
17,131 visits/mo
0.2 miles
Jersey Mike's Subs
Dining
6,096 visits/mo
0.2 miles
Mobil
Shops & Services
5,249 visits/mo
0.3 miles
Honey Dew Donuts
Dining
4,655 visits/mo
0.3 miles
Demographics for 02886, RI
29,373
Population
13,669
Households
2.1
Avg Household Size
47
Median Age
37%
College-Educated
93%
High-School Grad
15.8 sq mi
ZIP Area
1,859
Density / Sq Mi
$91,037
Median Household Income
$52,851
Median Earnings
$1,300
Median Rent
$334,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- HeadacheFree LLC. — 227 Centerville Rd, Warwick, RI 02886
- Michelle Mcniff — 3336 Post Rd, Warwick, RI 028867132
- Michael Chin — Walgreens, 3336 Post Rd, Warwick, RI 028867132
- Walgreens Pharmacy — 3336 Post Rd, Warwick, RI 02886
- CVS Pharmacy — 2790 Post Rd, Warwick, RI 02886
Frequently Asked Questions
What type of property is this?
Drug store - Operating retail pharmacy at a signalized intersection with a corporate-backed double net lease.
Where is this drug store located?
The property is located at 3336 Post Road Warwick, RI.
What are key features of this property?
This property features: Walgreens exercised its first lease option; Approximately five years remain before eight additional 5‑year options; Double net lease with landlord responsibility for roof and structure
