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New Construction Drive-Through Restaurant
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336 Bald Hill Rd, Warwick, RI 02886

Freestanding single-tenant restaurant leased under an Absolute NNN ground lease with scheduled renewal options.

Property Size3,286 SF
Days on Market141

Property Features for 336 Bald Hill Rd

General Information

Standard status Active
Size 3,286 SF
Property subtype Retail

Additional Details

Drive-Thru Yes

Building Details

Buildings 1
Tenancy Single
Listing Agency: Horvath & Tremblay
Listed By: Bob Horvath · License #CT 756500
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:19AM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

This new-construction, freestanding Raising Cane’s restaurant contains 3,286 square feet and includes a drive-through. The single-tenant building is subject to a new 15-year Absolute NNN Ground Lease, with five five-year renewal options and 10% increases every five years during the initial term and each renewal period.

The property occupies a signalized intersection at Bald Hill Road (RI Route 2) and W Natick Road (RI Route 5) in Warwick. The surrounding trade area includes Warwick Mall, Kent County Memorial Hospital, TF Green Airport, nationally branded retailers and restaurants, hotels, schools, and established residential neighborhoods. US Route 1, Interstate 95, and Interstate 295 are also identified among the major roadways serving the area.

Key Highlights

  • New‑construction Raising Cane’s with a 3,286‑square‑foot building and drive‑through
  • Single‑tenant Absolute NNN Ground Lease with a new 15‑year term
  • Five (5), five‑year renewal options

Property Analytics

Current Use

Red Rice Restaurant Restaurant

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Parking Lot & Garage Restaurant Storage Facility

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

Location Intelligence

Trade Area within ½ mile

962
Businesses Nearby
420k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 66% Dining 17% Shops & Services 14% Electronics 1%
Macy's Apparel
100,312 visits/mo 0.2 miles
Marshalls Apparel
47,174 visits/mo 0.4 miles
JCPenney Apparel
45,850 visits/mo 0.2 miles
Old Navy Apparel
33,915 visits/mo 0.2 miles
Nordstrom Rack Apparel
33,668 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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Freestanding single-tenant restaurant leased under an Absolute NNN ground lease with scheduled renewal options.
Where is this drive through restaurant located?
The property is located at 336 Bald Hill Rd Warwick, RI.
What are key features of this property?
This property features: New‑construction Raising Cane’s with a 3,286‑square‑foot building and drive‑through; Single‑tenant Absolute NNN Ground Lease with a new 15‑year term; Five (5), five‑year renewal options
More about this property
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