1502 Executive Dr - Drug Store FOR SALE
Saint Marys, OH 45885 |
1502 Executive Dr
Saint Marys, OH 45885
HIGHLIGHTS
- Rite Aid recently executed a 5-year lease extension taking the lease out to 7+ years.
- Rental increases in the primary term and extension options, including a 9.3% increase at the first extension option.
- Only national brand drugstore within 8-mile radius and only Rite Aid location in a 16-mile radius.
- Across from ±348,000 SF of retail space.
- Adjacent to Grande Lake Healthcare Center with 45 beds and 3 miles from Grand Lake JTD Memorial Hospital with 140 beds.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Rite Aid Recent Extension Rental Increases
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Convenience Store, Freestanding, Storefront
TOTAL BUILDING SIZE
14741
STORIES
1
YEAR BUILT
2005
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
K32-623-001-00,K32-623-002-00
