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Walgreens Drug Store
For Sale
Contact for pricing
Pending

591 Metacom Avenue, Bristol, RI 02809

Build-to-suit retail property occupied by Walgreens under a long-term lease.

Property SizeContact for details
Days on Market143

Property Features for 591 Metacom Avenue

General Information

Standard status Pending
Property subtype Retail

Building Details

Year Built 2006
Tenancy Single
Listing Agency: Cunningham Realty Advisory Group
Listed By: Brandon Moghimi · License #CA 001983550
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 4:31PM

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 Cunningham Realty Advisory Group

Investment Insights

Based on property information with market context.

Located at 591 Metacom Avenue in Bristol, Rhode Island, this drug store was developed in 2006 as a build-to-suit Walgreens property. The existing Walgreens operation occupies the building under a 25-year lease, with ±14 years remaining in the current term.

After the base lease expires, the agreement provides Walgreens with 10 termination options, each covering 5 years. The property combines an established drug store use with a long-duration lease structure and a purpose-built facility completed for the occupant.

Key Highlights

  • Walgreens drug store at 591 Metacom Avenue, Bristol, Rhode Island
  • Built in 2006 as a build‑to‑suit for Walgreens
  • 25‑year lease currently in place

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy Walgreens Cosmetic Store FedEx OnSite Postal Service Bitcoin Depot | BDCheckout Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Accounting Firm Bakery

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

331
Businesses Nearby
50k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 60% Shops & Services 35% Electronics 4% Dining 1%
Stop & Shop Groceries
29,563 visits/mo 0.2 miles
Shell Shops & Services
12,678 visits/mo 0.1 miles
Seasons Corner Market Shops & Services
4,786 visits/mo 0.1 miles
Verizon Electronics
2,134 visits/mo 0.1 miles
Domino's Pizza Dining
394 visits/mo 0.4 miles

Demographics for 02809, RI

22,493
Population
9,670
Households
2.3
Avg Household Size
44
Median Age
46%
College-Educated
92%
High-School Grad
9.8 sq mi
ZIP Area
2,295
Density / Sq Mi
$96,005
Median Household Income
$41,266
Median Earnings
$1,352
Median Rent
$447,500
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
Rey
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Similar Off Market Nearby

  • RHODE ISLAND VETERANS HOME COMMUNITY LIVING CENTER 480 Metacom Ave, Bristol, RI 02809
  • Elsiris Rosario 591 Metacom Ave, Bristol, RI 028095131
  • Jennifer Ferreira 580 metacom ave, bristol, ri 028095182
  • Maureen Scott 591 metacom ave, bristol, ri 028095131
  • Tara Costa-Wallace 580 metacom ave, bristol, ri 028095182

Frequently Asked Questions

What type of property is this?
Drug store - Build-to-suit retail property occupied by Walgreens under a long-term lease.
Where is this drug store located?
The property is located at 591 Metacom Avenue Bristol, RI.
What are key features of this property?
This property features: Walgreens drug store at 591 Metacom Avenue, Bristol, Rhode Island; Built in 2006 as a build‑to‑suit for Walgreens; 25‑year lease currently in place
More about this property
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