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CVS 1068 Putnam Pike 13,013 SF Retail Building Chepachet, RI 02814 $4,399,000 ($338.05/SF) 9.34% Cap Rate
Executive Summary
Corporate CVS Pharmacy – Absolute NNN Lease Fee Simple. With a 3 year rent holiday in 2032, renewal option in 2035.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,013 SF
Building Class
B
Year Built
2007
Price
$4,399,000
Price Per SF
$338.05
Cap Rate
9.34%
NOI
$410,979
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.06 AC
Zoning
B 2
Parking
56 Spaces (7 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
Property Taxes
| Parcel Number | GLOC-000000-000000-000010C-000023 | Improvements Assessment | $3,158,000 |
| Land Assessment | $633,900 | Total Assessment | $3,791,900 |
Property Taxes
Parcel Number
GLOC-000000-000000-000010C-000023
Land Assessment
$633,900
Improvements Assessment
$3,158,000
Total Assessment
$3,791,900
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
CVS | 1068 Putnam Pike