Rite Aid For Sale

Saint Marys, OH

$ 2,941,312

8.00 CAP

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  • Rite Aid recently executed a 5-year lease extension taking the lease out to 6.5 years with 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 square feet of retail space, adjacent to Grande Lake Healthcare Center with 45 beds and 3 miles from Grand Lake JTD Memorial Hospital with 140 beds.

Rite Aid For Sale

Rockwood, MI

$ 4,967,012

8.00 CAP

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  • Rite Aid recently executed a 5-year lease extension taking the lease out to 10 years with rental increases in the primary term and the options with minimal landlord responsibilities.
  • Only national brand drugstore within 3-mile radius and Placer ranks it the busiest Rite Aid of 6 locations in a 15-mile radius.
  • 15 years of operating history with strong customer base including the 3,500 employees of the Ford Flat Rock Assembly Plant located just 3 miles south.

Rite Aid For Sale

Hayes, VA

$ 3,764,177

7.65 CAP

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  • Rite Aid recently executed a 10-year lease extension with increases in the primary term and extension options, including a 11.7%increase at the first extension option.
  • This is an absolute net lease with no landlord responsibilities whatsoever and 20 years of operating history with strong customer base.
  • Across from Walgreens making this a strategic location and directly on George Washington Memorial Highway, the only thoroughfare connecting to Norfolk-Virginia Beach-Newport News MSA, one of the strongest military bases in the country.

Rite Aid For Sale

Burton, MI

$ 3,066,900

8.00 CAP

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  • Rite Aid recently executed a 10-year lease extension with rental increases in the primary term and extension options, including a 13.3% increase at the first extension option.
  • 25 years of operations with strong customer base. No other standalone national retail pharmacies within a 3-mile radius.
  • Solid employment base within a 7-mile radius including General Mothers, University of Michigan, Hurley Medical Center and Mott Community College.

Rite Aid For Sale

Manchester, NH

$ 8,575,000

7.75 CAP

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  • Absolute net lease with 10% increases every 10 years in the options, located 3.5 mi NW of Downtown Manchester and is the 2nd busiest Rite Aid in a 15-mi radius.
  • One block from Shaw's Plaza anchored by Big Lots, Dollar Tree and Planet Fitness.  Major employers in the area include Catholic Medical Center and Saint Anselm College.
  • Area demos include 133,768 residents with a median HH income of $67,149 within a 5-mi radius.

Rite Aid

Buffalo, NY

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  • Within three-mile radius of Erie Medical Center and Oishei Children's Hospital.
  • Located three miles east of Downtown Buffalo on Hwy. 62, a major north/south thoroughfare.
  • Two blocks from CSX Transportation Frontier and Norfolk Southern rail yards.

Rite Aid

Battle Creek, MI

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  • Preferred Rite Aid location with over 20 years of operating history.
  • Medical corridor location just one mile of Bronson Battle Creek Hospital.
  • Strong real estate fundamentals.

Rite Aid

Amherst, NY

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  • Dense economic region with 7M square feet of retail space, 3M square feet of office space and 2,600 multi-family units within a 3-mile radius.
  • Heavily trafficked intersection with traffic count of over 40,000 vehicles per day.
  • Affluent neighborhood with about $140,000 household income within a 1-mile radius.

Rite Aid

Kutztown, PA

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  • Rite Aid extended lease which has a ±20% increase in first option.
  • Exceptional sales and over 10 yrs of primary lease term on an absolute NNN.
  • Only Rite Aid drugstore in Kutztown, CVS one mile SW and no Walgreens within 11-miles.

Rite Aid

Calexico, CA

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  • Store is in the top 5% performing locations for Rite Aid nationwide.
  • Near US/MX border where ±7.1M cars and 4.4M pedestrians cross into/out of the US annually.
  • This is the only standalone, national chain drugstore in Calexico.