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    Johnston, RI
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    Johnston, RI NNN Properties for Sale

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    Cranston, RI Providence, RI North Providence, RI Smithfield, RI Scituate, RI Lincoln, RI Glocester, RI Pawtucket, RI
    NN Leased Advance Auto Parts
    Updated: Mar 23
    NN Leased Advance Auto Parts

    10 Putnam Pike, Johnston, RI 02919

    $1,584,000
    5,920 sqft
    Long‑term corporate lease with Advance Auto Parts (extended through Dec. 2036).
    Corporate guaranteed lease (S&P: BBB) providing financial security.
    Rental increases scheduled in July 2031 and at the beginning of each option period.
    Located at a high‑traffic intersection (36,000 VPD) with excellent visibility.
    Situated in a dense retail corridor with numerous national/credit tenants.
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    This listing looks promising.

    Here's a quick look at some key insights for

    10 Putnam Pike, Johnston, RI 02919

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    • Est. Cap Rate

      4.2%
      NOI ÷ price

    • Est. NOI

      $67K
      Annual

    • Mortgage

      $24M
      Nov 2023

    • Last Sold

      Oct 2005
      $110K

    • Property Type

      Commercial Building, Mail Order, Show Room (Non-Auto)
      Built 1992
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Johnston, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Pawtucket Commercial Property For Sale
    Pawtucket Commercial Property For Sale

    176 Columbus Avenue, Pawtucket, RI 02860

    $850,000
    4,284 sqft 0.58 AC lot

    Commercial property with long-term tenant and stable income.

    View details
    Warwick Restaurant Investment Opportunity
    Warwick Restaurant Investment Opportunity

    444 Quaker Ln, Warwick, RI 02886

    $1,861,033
    4,000 sqft 0.62 AC lot

    Net-leased Denny's with long-term lease and rental increases.

    View details
    Triple Net Leased Restaurant Property
    Triple Net Leased Restaurant Property

    176 Columbus Avenue, Pawtucket, RI 02860

    $850,000
    4,284 sqft

    Single-tenant restaurant investment offered with a $90,000/year NNN lease and recent building improvements for streamlined ownership.

    View details
    Walgreens NNN Lease Opportunity
    Walgreens NNN Lease Opportunity

    1201 Warwick Ave, Warwick, RI

    $2,777,176
    11,200 sqft 0.96 AC lot

    NNN lease with value-add potential near Rhode Island airport.

    View details

    Johnston, RI Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in Johnston, RI on our real estate platform. These investment opportunities span a total of 5,920 square feet of properties for sale, with an estimated market value of $1,584,000.

    Sale prices for triple net lease properties in Johnston, RI start at $1,584,000, averaging $1,584,000, and reaching up to $1,584,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 29K
    Population Growth (5Y) +0.8%
    Median Household Income $87,811
    College Educated 37.3%

    High-Yield Neighborhoods for Investment

    Identify Johnston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    02919 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 2.39%
    Property Tax per SF $37.43 per SF
    Tax Rate vs County Average 0.40 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Providence County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Johnston fall within the 100,000+ square foot range.

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