1074 Mineral Spring Ave
North Providence, RI 02904
Walgreens | Corp NNN | S&P: BBB · Retail Property For Sale

Walgreens is strategically located at the signalized, hard corner intersection of Charles Street and Mineral Spring Avenue, with a combined 32,400 vehicles passing by daily. The site is also just off from State Highway 146 (69,000 VPD) and less than 1.5 west of Interstate 95 (124,700 VPD), two major arterial thoroughfares traveling through Rhode Island. The pharmacy is equipped with a double drive-thru lane offering ease for customers. The site is ideally positioned 4 miles north of Downtown Providence, the capital and largest city in Rhode Island, and less than 2.5 miles west of Pawtucket, the 4th largest city in Rhode Island, which provides an opportunity to capture the population commuting the city. Walgreens is within a 5-mile radius of multiple university campuses including Brown University (8,848 students enrolled), Johnson & Wales University (12,930 Students Enrolled), Rhode Island College (9,000 Students Enrolled), Providence College (4,735 Student Enrolled), and more, as well as, several hospitals including Our Lady of Fatima Hospital (312 Beds), The Miriam Hospital (247 Beds), Roger Williams Medical Center (160 Beds), and VA Providence RI Hospital (73 Beds), providing a strong customer base to draw from. Nearby national/credit tenants include Lowe’s Home Improvement, Save-A-Lot, O’Reilly Auto Parts, Dollar Tree, and more, further increasing consumer traffic and draw to the subject property. The 5-mile trade area is supported by a dense population of over 379,000 residents and 213,000 employees. The 1-mile area features an average household income of $72,195.