For Sale
$3,000,000
6495 Post Rd North Kingstown, RI 02852
Prime RI location, strong tenant, long lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 130
Highlights
- 10,125 SF CVS Pharmacy on 1.93 acres in North Kingstown, RI.
- Net lease with credit-rated tenant, CVS, through October 30, 2035, plus five 5-year options with 5% rent increases.
- $193,500 annual base rent; 6.45% cap rate on $3,000,000 asking price.
- Drive-thru pharmacy; built in 1997, renovated in 2020.
- Landlord responsible for roof and structure; tenant responsible for all other maintenance, taxes, and insurance.
Property Details for 6495 Post Rd
- Property type
- Retail properties, Drug stores
- Square Feet
- 10,125 SF
- Year Built/Renovated
- 1997/2020
- Lot Size (sq. ft)
- 84,071 SF
Location Insight
- City
- North Kingstown
- County
- Washington
- State
- Rhode Island
- Latitude
- 41.62085335
- Longitude
- -71.45819921
6495 Post Rd, North Kingstown, Rhode Island
Leaflet | © OpenStreetMap contributors
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Prime RI location, strong tenant, long lease.
- Where is the retail property located?
- The property is located at 6495 Post Rd North Kingstown, RI.
- What is the asking price?
- The asking price for this property is $3,000,000.
- What are key features of this property?
- This property features: 10,125 SF CVS Pharmacy on 1.93 acres in North Kingstown, RI.; Net lease with credit-rated tenant, CVS, through October 30, 2035, plus five 5-year options with 5% rent increases.; $193,500 annual base rent; 6.45% cap rate on $3,000,000 asking price.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.
Visit Broker Website