7691 Post Rd - Freestanding FOR SALE
N Kingstown, RI 02852 |
$3,484,800 USD
949-667-1077
7691 Post Rd
N Kingstown, RI 02852
HIGHLIGHTS
- Absolute NNN Lease with Zero Landlord Responsibilities; Corporate Guaranty (NASDAQ: WBA)
- Over 20+ Years of Pharmacy Operational History; 10% Rental Increase in the Next Option Period (3.5+ Years Remaining); Large Oversized Parcel; 3.10 AC
- Affluent Market; Average Household Income within 1 Mile Exceeds $125,000; Signalized Location with Visibility to over 17,000 Cars per Day
- Limited Competition; Nearest free-standing National Pharmacy is 2.5 miles away; Nearby National Retailers - Kohl’s, O’Reilly’s, HomeGoods, Chipotle
- Located on Main Thoroughfare to Newport, RI, one of the most Affluent Cities in the Nation (10 Miles from Subject Property)
FOR SALE DETAILS
PRICE
$3,484,800 USD
PRICE/SF
$288 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
STNL Walgreens | Providence MSA, RI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Drug Store, Storefront, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.1 AC
LAND SF
135,036 SF
ZONING
PR
APN/PARCEL ID
NKIN-000135-000016
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949-667-1077
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949-667-1077
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