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.

Property Subtype:

Drug Store

Date on Market:

2025-12-10

Springfield Industrial for Sale - Hampden County

Long term triple net lease in place. Tenant bears 100% responsibility for all operating expenses including maintenance and major capital expenditures $84,700 - NOI $17.28 PPSF

Property Subtype:

Manufacturing

Date on Market:

2025-06-09

Enfield Retail for Sale

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee-simple interest in the single-tenant, Absolute NNN Ground Lease, Red Robin located at 15 Hazard Avenue in Enfield, Connecticut (the “Property”). Red Robin has been at this location since it was constructed in 2004 and has 10+ years remaining on their lease with four, 5-year renewal options. Red Robin’s lease calls for attractive 10% rent increases every five years throughout the primary lease term and renewal options. The Property is a pad site to Enfield Commons and enjoys outstanding frontage and visibility along Hazard Avenue (CT Route 190), the area’s primary commercial corridor. The Property is seconds from Interstate 91 and is just 0.7-miles from US Route 5. Red Robin is adjacent to the signalized intersection with Phoenix Avenue, which also serves at the entrance to the Enfield Square Mall and is surrounded by grocers, big box retailers, and national retailers and restaurants that drive significant traffic to the area. Additionally, the area is home to densely developed residential neighborhoods that provide a captive customer base.

Property Subtype:

Restaurant

Date on Market:

2024-11-13

Manchester Retail for Sale

Long Term NNN Leases | 7.50+ Years Remaining on Urban Air Full 10-Year Term on Ashley Strong Commitment to this Location Experienced and Growing Ashley Franchisee | Three Locations in Connecticut Corporate Guarantee From Urban Air for First 5-Years of Lease NNN Investments | Tenants Reimburses Landlord for All Expenses

Property Subtype:

Freestanding

Date on Market:

2024-07-08

Leicester Retail for Sale - Outlying Worcester

The 19,097 square feet Tractor Supply Company property sits just outside Worcester, at the heart of Worcester County, with a population of 800,000 and part of the Greater Boston area, which boasts over 4.6 million residents. Completed in October 2010, the property features a lease agreement that includes a 5% rent increase every 5 years and operates under a double net lease, with the landlord responsible for roof and structure maintenance. In 2022, the tenant committed to an early, long-term lease extension. Positioned strategically 0.7 miles from the Walmart Supercenter along Main Street/Route 9, a historic roadway paralleling I-90 and linking Boston with western Massachusetts through various towns, the site provides convenience and accessibility. The nearest Tractor Supply Company store is approximately a 30-minute drive away, making this location a valuable asset in a bustling retail corridor.

Property Subtype:

Freestanding

Date on Market:

2024-05-07

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.

Property Subtype:

Freestanding

Date on Market:

2023-07-25

Ware Retail for Sale - Hampshire County

Date on Market:

2025-03-12