Rite Aid - Freestanding FOR SALE
Oregon, OH 43616 |
Rite Aid
Oregon, OH 43616
HIGHLIGHTS
- Proven Long Term (7.5 Yrs.) Absolute NNN Corporate Lease by Rite Aid, Inc. (NYSE: RAD) - Fee Simple
- 10% Rent Bumps each Option (6-5 Options) – Large 1.91 Acre Parcel - Prominent Signalized Hard Corner
- Essential Retailer w/ Double Drive Thru - Near Walmart/Across from Kroger/ Close to St. Charles Hospital
- Affluent Coastal Suburb of Toledo OH ($72,647 HHI) - In Place Non-Recourse Loan - 8.46%+ Cash/Cash
- Zero LL Duties - Strong Real Estate Intrinsics/ Valuable Underlying Dirt - Strong Store Sales/Scrips
- Rite Aid/Eckerd is Largest Drug Store Chain on the East Coast (#3 Nationally) - Iconic American Brand
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
True NNN Lease- Near Walmart-Double Drivethru
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
14564
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
60
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
44-22963
