For Sale
$3,000,000
6495 Post RdNorth Kingstown, RI 02852
Prime RI location, strong tenant, long lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 116
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
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