Rite Aid
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PROPERTY INFORMATION
Price:
$5,638,544
Cap Rate:
7.35%
Term Remaining:
10+ years Years
Year Built:
2008
Status:
Available
INVESTMENT HIGHLIGHTS
- 10+ Years Remaining on Lease
- Absolute NNN Lease
- Full Corporate Guarantee
- Six, 5 Year Options to Renew
- 10% Rental Increases in 21st and 31st Year of Lease
- Assumable Non-Recourse Loan
- 10.75% Projected Average Return with Current Financing (first 6 years)