Ground-Leased Fueling
For Sale
Contact for pricing
66 Point Judith Rd, Narragansett, RI 02882
Triple-net ground leased gasoline station with direct frontage and a renovated site.
Property SizeContact for details
Days on Market122
Property Features for 66 Point Judith Rd
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
20,600 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Renovated
2012
Tenancy
Single
Listing Agency:
Horvath & Tremblay
Listed By:
Bob Horvath · License #CT 756500
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 2:06AM
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.
A triple-net ground leased gasoline fueling station offered for sale. The Stop & Shop Fueling Station signed the original 13-year lease in May of 2012, which includes five-year options with rental escalations throughout both the base term and option periods. The property was renovated in 2012 with new tanks and a new canopy.
The site is accessible off Route 1 and features direct street frontage along Point Judith Road, a heavily traveled roadway with traffic counts in excess of 20,600 vehicles per day. The surrounding retail area includes a mix of national tenants such as Dunkin' Donuts, Rite Aid, Stop & Shop, West Marine, Marshalls, Dollar Tree, SportsAuthority, GameStop, Citizens Bank, Enterprise Rent-A-Car, The UPS Store, Subway, Shell Gasoline, and Sherwin-Williams.
Lease term information indicates 8+ years remaining on the original 13-year lease, with rental escalations scheduled every five years through the base term and option periods.
The site is accessible off Route 1 and features direct street frontage along Point Judith Road, a heavily traveled roadway with traffic counts in excess of 20,600 vehicles per day. The surrounding retail area includes a mix of national tenants such as Dunkin' Donuts, Rite Aid, Stop & Shop, West Marine, Marshalls, Dollar Tree, SportsAuthority, GameStop, Citizens Bank, Enterprise Rent-A-Car, The UPS Store, Subway, Shell Gasoline, and Sherwin-Williams.
Lease term information indicates 8+ years remaining on the original 13-year lease, with rental escalations scheduled every five years through the base term and option periods.
Key Highlights
- Triple‑net ground‑leased Stop & Shop gasoline station in Narragansett, RI
- Original 13‑year lease signed May 2012 with 8+ years remaining and (5) five‑year options
- Scheduled rental escalations every five years throughout the base term and option periods
Property Analytics
Current Use
Lease Details
20,600 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
551
Businesses Nearby
115k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Groceries 32%
Dining 13%
Beauty & Spa 3%
Stop & Shop
Groceries
36,801 visits/mo
0.2 miles
Dunkin' Donuts
Dining
14,931 visits/mo
0.1 miles
Dollar Tree
Shops & Services
13,083 visits/mo
0.3 miles
Stop & Shop Gas
Shops & Services
11,123 visits/mo
Pet Supplies Plus
Shops & Services
8,634 visits/mo
0.2 miles
Demographics for 02882, RI
12,919
Population
8,870
Households
1.5
Avg Household Size
52
Median Age
64%
College-Educated
98%
High-School Grad
12.8 sq mi
ZIP Area
1,009
Density / Sq Mi
$95,794
Median Household Income
$44,042
Median Earnings
$1,661
Median Rent
$686,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Gas station - Triple-net ground leased gasoline station with direct frontage and a renovated site.
Where is this gas station located?
The property is located at 66 Point Judith Rd Narragansett, RI.
What are key features of this property?
This property features: Triple‑net ground‑leased Stop & Shop gasoline station in Narragansett, RI; Original 13‑year lease signed May 2012 with 8+ years remaining and (5) five‑year options; Scheduled rental escalations every five years throughout the base term and option periods
