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NARRAGANSETT, R.I. — Marcus & Millichap has completed the sale of a 10,822-square-foot, freestanding Rite Aid in Narragansett for $2.44 million. The property was constructed in 1998 and is located at 1192 Boston Neck Road. Rite Aid is in year three of a 20-year, triple-net lease. Margaret Huelskamp and Brad Nathanson of Marcus & Millichap represented the seller, a New York-based limited liability company. Nathanson also represented the buyer, a New Jersey limited liability company.