1993 Plainfield Pike | Johnston, RI 02919
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1993 Plainfield Pike
Johnston, RI 02919
CVS Johnston RI | $12.3M | ±17 Years | NNN · Retail Property For Sale
Investment Highlights
- ABSOLUTE NET LEASE WITH 17 YEARS REMAINING - This is an absolute net lease with 17 years remaining and no landlord responsibilities
- NO RENT HOLIDAY, FREE & CLEAR OF DEBT - This lease does not include a rent holiday and it is also being delivered free and clear of debt
- AVG HOUSEHOLD INCOME OF $110,000+ IN A 1-MI RADIUS – Avg HH income in a 1-mi radius is $111,798, 3-mi radius is $92,566 and $77,302 in a 5-mi radius
- TEN (5-YEAR) OPTIONS WITH 2.5% INCREASES IN OPTIONS - There are ten (5-year) options and a 2.5% rental increase in each of the ten options
- SOLID PERFORMING LOCATION – 20 YEAR EXTENSION - CVS extended the lease at this location for a fresh 20-year term in 2019
- 8 MI FROM PROVIDENCE - Subject property is 8 miles SW of the capital city of RI- Providence, which has an est. population of over 1.6M residents.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
12,974 SF
Building Class
C
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
4.30 AC
Zoning
B2
PROPERTY TAXES
| Parcel Number | JOHN-000029-000000-000013 | Improvements Assessment | $1,868,700 |
| Land Assessment | $1,166,900 | Total Assessment | $3,035,600 |
PROPERTY TAXES
Parcel Number
JOHN-000029-000000-000013
Land Assessment
$1,166,900
Improvements Assessment
$1,868,700
Total Assessment
$3,035,600
Learn More About Investing in Retail Properties
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
