Walgreens - Providence, RI - 1510 Smith St

N Providence, RI 02911

• NNN Property
• Retail for Sale
• $3,871,506 CAD
• 11,211 SF

N Providence Retail for Sale - North Providence

CBRE is pleased to offer an exceptional opportunity to acquire a single-tenant, absolute net-leased property currently occupied by Walgreens Pharmacy. Built in 2002, this freestanding retail asset encompasses 11,211 square feet on 1.46 acres, and sits along Smith Street, a primary local artery and commercial corridor, and a key connector between downtown Providence - Rhode Island’s State Capital, and the northern neighborhoods. North Providence is home to several colleges, two located within 1 mile of Walgreens: Providence College and Rhode Island College. Walgreens operates on a lease featuring significantly below-market rent and an attractive rent-per-square-foot basis, providing dependable income today while offering clear value-add potential in the future. Walgreens’ lease is backed by a corporate guarantee from Walgreens Co. with 2.5 years remaining, eight (8), 5-year renewal options, and 10% rent increases every ten (10) years.

Contact:

CBRE

Property Subtype:

Drug Store

Date on Market:

2025-12-10

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Stop & Shop - 275 Warwick Ave

Cranston, RI 02905

• NNN Property
• Retail for Sale
• $17,628,445 CAD
• 52,137 SF

Cranston Retail for Sale

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Stop & Shop Ground Lease located at 275 Warwick Avenue in Cranston, Rhode Island (the “Property”). Stop & Shop has been at the Property since it was constructed in 2011, operating under a 20-year Absolute NNN Ground Lease. Stop & Shop has 6+ years remaining on their lease with eleven (11), 5-year renewal options. The lease provides attractive rent increases every five years throughout the primary lease term and at the start of each renewal option period. Centrally located in the Edgewood neighborhood of Cranston, Stop & Shop is positioned along Warwick Avenue (US Route 1A), one of the area’s primary commercial and commuter corridors. Stop & Shop enjoys outstanding frontage and visibility and is convenient to US Route 1, Interstate 95, and RI Routes 2, 10 and 37. The Property is close to Roger Williams Park (as well as the Zoo and Botanical Center) and is 4-miles from Providence’s Central Business District. The Property offers convenient access to dining, retail, and nightlife options, several hospitals, and several colleges and universities. Stop & Shop is surrounded by densely populated residential neighborhoods that provide a built-in and captive customer base.

Contact:

Horvath & Tremblay

Property Subtype:

Supermarket

Date on Market:

2025-07-14

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Walgreens - 333 Atwells Ave

Providence, RI 02903

• NNN Property
• Retail for Sale
• $5,982,988 CAD
• 14,116 SF
• 1 Unit Available

Providence Retail for Sale

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee-simple condominium interest in a single-tenant, absolute triple-net leased Walgreens located at 333 Atwells Avenue in Providence, Rhode Island (the “Property”). Walgreens has occupied this Property since it was constructed in 2007 and they have 7+ years remaining on an absolute triple-net lease with fifty (50), 1-year renewal options. Located in the Federal Hill neighborhood of Providence, Walgreens is positioned along Atwells Avenue, one of the area’s primary commercial corridors and is a short walk from Broadway and Providence’s Central Business District. The Property offers convenient access to abundant dining, retail, and nightlife options, and several colleges and universities, all of which drive traffic to the area. Adding to the area’s appeal is the proximity to a robust employment market and densely populated residential neighborhoods that provide a built-in customer base. The Property is also convenient to US Routes 6 and 1 and Interstates 95 and 195. Walgreens offers the opportunity to acquire a well-located asset in one of the strongest real estate markets in a region that is poised for future growth.

Contact:

Horvath & Tremblay

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-06-05

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Blackstone Valley Medical Building - 333 School St

Pawtucket, RI 02860

• NNN Property
• Medical for Sale
• $888,901 CAD
• 7,444 SF
• 1 Unit Available

• 24 Hour Access

Pawtucket Office for Sale

Offered at an 8% CAP Rate Dynamic Medical Office Building in Nortern RI, minutes from Providence and easy access off I95 Fully Built-out, 100% Occupancy

Contact:

NAI ADVISORS

Property Subtype:

Medical

Date on Market:

2024-10-07

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Raising Cane's - 336 Bald Hill Rd

Warwick, RI 02886

• NNN Property
• Retail for Sale
• $5,216,390 CAD
• 3,286 SF

Warwick Retail for Sale

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire a new construction Raising Cane’s located at 336 Bald Hill Road in Warwick, Rhode Island (the “Property”). The free-standing single tenant Raising Cane’s consists of a 3,286 square foot building with a drive thru. Raising Cane’s has a new 15-year Absolute NNN Ground Lease with five (5), five-year renewal options. The lease calls for attractive 10% increases every 5-years throughout the primary lease term and at the start of each renewal option. The new construction Raising Cane’s is extremely well located at the signalized intersection of Bald Hill Road (RI Route 2), the region’s primary retail corridor, and W Natick Road (RI Route 5), a primary commuter corridor. The Property enjoys outstanding visibility, frontage and access and is part of a dominant trade area that is home to countless national retailers and restaurants, the Warwick Mall, Kent County Memorial Hospital, TF Green Airport, and major roadways including US Route 1 and Interstates 95 and 295, all of which drive traffic to the area. Additionally, the Property is within minutes of several area schools, multiple nationally branded hotel/motels, and is surrounded by densely populated residential neighborhoods providing a built-in customer base.

Contact:

Horvath & Tremblay

Property Subtype:

Fast Food

Date on Market:

2024-05-28

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Advance Auto Parts | Corp NNN | S&P: BBB - 10 Putnam Pike

Johnston, RI 02919

• NNN Property
• Retail for Sale
• $2,096,439 CAD
• 5,920 SF

Johnston Retail for Sale

SRS Real Estate Partners is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NN leased, corporate signed, Advance Auto Parts investment property located in Johnston, Rhode Island (Providence MSA). The tenant, Advance Stores Company, Inc. recently extended their lease through Dec. 2033 with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features a 5% rental increase in March 2028 as well as 10% rental increases at the beginning of each option period, growing NOI and hedging against inflation. The lease is guaranteed by the corporate entity (S&P: BBB) and is NN with landlord responsibilities, limited to roof and structure. Advance Auto Parts operates 5,750 stores and 266 Worldpac branches in the United States, Canada, Puerto Rico and the U.S. Virgin Islands.

Contact:

SRS National Net Lease

Property Subtype:

Freestanding

Date on Market:

2023-07-25

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