Rite Aid NNN Property For Sale
This investment opportunity features a net-leased Rite Aid property with a long-term lease. Rite Aid is a prominent drugstore chain in the United States, operating as the third largest nationally and the largest on the East Coast. The company boasts a strong market presence and a history of growth since its founding in 1962. This offering provides a stable income stream from a tenant with a recognized brand and established operational history.
- Asking price $6.25M
- 7.00% cap rate
- NOI $405,000
- 20 years remaining
- NNN lease
Asset type: Retail