NNN Properties For Sale in Rhode Island (2026): Listings by Tenant, City and Cap Rate

6 NNN properties are observed for sale in Rhode Island across 6 tenants and 5 cities as of October 30, 2026, at a median asking cap rate of 7.88%, 153 basis points above the national median of 6.35%. Investment Grade Research tracks each one across publicly marketed offerings and broker materials, checks rated tenants against the investment grade threshold, and publishes the observations here: which tenants and cities carry the inventory, what it is asking, how Rhode Island prices against the national market, and how an acquisition or 1031 exchange buyer should work through it.

Asking cap rates in Rhode Island run from 5.85% to 10.50%, based on 6 priced listings. Median asking price $2.48M (median $198 per SF). Average remaining lease term 4.6 years among 3 listings that state a term. 1 listing was first observed and 3 dropped off active tracking in the last 90 days. Figures update automatically across publicly marketed offerings and broker materials.

Key findings, as of October 30, 2026

6 NNN listings are observed in Rhode Island, the 48th largest inventory of the 50 states with listings.
The median asking cap rate of 7.88% is 153 basis points above the national median. That median is based on 6 priced listings.
The median Rhode Island listing has been observed since tracking began on July 25, 2026, so it may have been on the market longer; 1 was first observed and 3 dropped off active tracking in the last 90 days.

NNN Properties For Sale in Rhode Island: Latest Listings

Up to twenty-four single-tenant net lease properties in Rhode Island with published pricing, the newest from each tenant first so the table reflects the whole Rhode Island market rather than one or two active tenants. Below the table, the full listing browser carries every observed Rhode Island listing with tenant, city, cap rate, price and term filters. Open any listing and register for full property data, including the address, location map and an IG summary with due diligence questions.

Tenant	City	Asking Price	Cap Rate	NOI	Term Left	Built	Lease
CVS	Cumberland	$2,863,247	5.85%	$167,500	n/a	1999	Not stated	Get full property data
Dollar General	Central Falls	$2,098,593	7.75%	$162,641	n/a	1948	Not stated	Get full property data
On-The-Go Laundromat	Central Falls	$810,000	7.00%	$56,684	n/a	n/a	NNN	Get full property data
Stop & Shop	Cranston	$10,083,334	10.50%	$1,031,250 implies 10.23%; verify	5.2 yrs	2011	Absolute NNN	Get full property data
Walgreens	Providence	$4,375,000	8.00%	$350,000	6.6 yrs	2007	Absolute NNN	Get full property data
Family Dollar	West Warwick	$1,699,000	8.41%	$142,850	1.9 yrs	2017	NN	Get full property data

Showing 6 of 6 observed Rhode Island listings: the newest from each tenant first, then each tenant’s next newest. Listings without a published asking price and cap rate are not shown here.

Filter by tenant, city, cap rate, price and term. Listings with undisclosed pricing included.

Market observations aggregated from publicly marketed offerings and broker materials; not offerings by Investment Grade Income Property, LP. Asking price, cap rate and NOI as published by the offering party. Information deemed reliable but not guaranteed. Verify all figures before relying on them.

Rhode Island NNN Properties by Tenant

Listing count, median asking cap rate and cap range by tenant. Tenants with a linked page have a full credit rating, cap rate and inventory profile; the rest are tracked here at the state level until they earn a page of their own.

Tenant	Listings	Median Cap	Cap Range	Median Price
Dollar General	1	n/a	7.75%	$2.10M	Dollar General NNN for sale
Family Dollar	1	n/a	8.41%	$1.70M	Family Dollar NNN for sale
On-The-Go Laundromat	1	n/a	7.00%	$0.81M
CVS	1	n/a	5.85%	$2.86M	CVS NNN for sale
Stop & Shop	1	n/a	10.50%	$10.08M
Walgreens	1	n/a	8.00%	$4.38M	Walgreens NNN for sale

Tenants with the most Rhode Island listings observed (all 6). Tenants with a linked page have a full credit and inventory profile; 4 of the 6 listings belong to tenants with a profile page.

Rhode Island NNN Properties by Category

Counts cover all observed listings from tenants with a profile page; the category pages aggregate the same tenants nationally.

Rhode Island NNN Properties by City

The cities with the most observed Rhode Island listings are Central Falls (2), then Cranston, Cumberland, Providence and West Warwick with 1 each. Tap any city in the table to filter the full listing browser to that city.

City	Listings	Median Cap	Avg Asking Price
Central Falls	2	7.38%	$1.45M
Cranston	1	n/a	$10.08M
Cumberland	1	n/a	$2.86M
Providence	1	n/a	$4.38M
West Warwick	1	n/a	$1.70M

Cities with the most Rhode Island listings observed (all 5). Tap a city to filter the full listing browser.

How Rhode Island Prices Against the National NNN Market

The Rhode Island median asking cap rate of 7.88% sits 153 bps above the national median of 6.35%. A state median reflects both location and which tenants happen to be on the market, so the state median alone is not a like-for-like price comparison. Compare any listing with its tenant’s national cap rate bands on the tenant page before reading the state spread as a discount or a premium; the investment grade guide explains how tenant credit sets the floor under those bands.

Rhode Island Taxes and the 1031 Exchange Buyer

General information, not tax or legal advice. State income tax, real estate transfer tax and property tax assessment rules differ by state, and sometimes by county or city, and they affect both your exchange and what a replacement tenant could afford in rent. Confirm the rules that apply to your property with your CPA, tax attorney and qualified intermediary before you rely on them. Replacement property must be identified within 45 days after the sale of the relinquished property and received by the earlier of 180 days after that sale or the due date, including extensions, of your tax return for that year (Internal Revenue Code Section 1031(a)(3); Treasury Regulation 1.1031(k)-1(b)(2)). Ask your qualified intermediary to confirm your exact dates, and use the full listing browser above to filter Rhode Island inventory by tenant and city, or each tenant page for national inventory on the same credit.

Exchanging into or out of Rhode Island?

Tell us your timeline, target price range and whether the relinquished property is in Rhode Island. We match it against live Rhode Island and national inventory and off-market opportunities.

Where are you in your exchange?

Preparing to sellSold, inside 45 daysPast day 45, properties identifiedPast day 45, nothing identified

Sale closing date, actual or expected

Leave blank if it is not set yet.

Do you have a property under LOI or contract right now?

NoYes

What to beat: the property you are under LOI on

Tenant or brand

City and state

Agreed price on the LOI

Cap rate at that price

Where that deal stands

Why a backup? (optional)

Remaining lease term (optional)

Lease type (optional)

Listing link or address (optional)

Is a broker representing you on that deal? (optional)

Which properties are on your identification list?

Target purchase range

Cash or financing?

Is a QI or CPA involved yet? (optional)

Anything else? Tenants, states or lease term you want (optional)

Which describes you?

Name

Phone (optional)

Best way to reach you

We coordinate with your CPA, tax attorney and qualified intermediary, who handle the tax and exchange side. Our role is the property: finding it, analyzing it and getting it closed.

How These Figures Are Calculated

Figures cover single-tenant net lease properties observed for sale in Rhode Island across publicly marketed offerings and broker materials, and refresh automatically with each Investment Grade Research update. A listing counts while it is actively marketed; listings marked under contract, pending, on hold or closed are excluded, as are listings priced under $150,000. Medians use published asking prices and cap rates (where a cap rate is not stated, it is computed from the published NOI and price), so they describe what sellers are asking, not closed sale prices. The same-tenant comparison takes each tenant’s median asking cap rate in Rhode Island and compares it with that tenant’s median in other states, for tenants with at least three Rhode Island listings and five listings elsewhere, weighted by Rhode Island listing count. Days on market are measured from the date a listing was first observed.

Frequently Asked Questions: NNN Properties For Sale in Rhode Island

How many NNN properties are for sale in Rhode Island right now?

As of October 30, 2026, 6 single-tenant net lease properties are observed for sale in Rhode Island across 6 tenants and 5 cities. The count updates automatically as listings are added and withdrawn.

What cap rates are Rhode Island NNN properties asking?

The median asking cap rate across observed Rhode Island listings is 7.88% (based on 6 priced listings). That median is 153 bps above the national median of 6.35%. Cap rates vary by tenant, guarantee, remaining term and location; confirm the lease before relying on any single figure.

Which tenants have the most NNN listings in Rhode Island?

The tenants with the most observed Rhode Island listings right now are evenly split, with 1 listing each across all 6 tenants. The tenant table above lists every tenant with an observed listing.

Which Rhode Island cities have the most NNN properties for sale?

The cities with the most observed listings are Central Falls (2), then Cranston, Cumberland, Providence and West Warwick with 1 each. The city table above lists every city with an observed listing and filters the full listing browser.

Are these listings offered by Investment Grade?

No. These are market observations aggregated from publicly marketed offerings and broker materials, not offerings by Investment Grade Income Property, LP. Registering for full property data connects you with our team for buyer representation and due diligence; the listing broker remains the listing broker.

NNN Properties For Sale in Other States

Browse NNN Properties For Sale by Tenant and Category

Buying With 1031 Exchange Proceeds?

Compare this inventory with all 7,408 1031 exchange NNN properties for sale nationally, sorted by price band, tenant credit, remaining lease term and state. Then check your 1031 exchange deadlines: 45 days to identify replacement property and 180 days to close, or your tax return due date (including extensions) if that comes first (IRC 1031(a)(3); Treas. Reg. 1.1031(k)-1(b)(2)). General information, not tax or legal advice.