Rite Aid
PRICE
CAP RATE
SQUARE FOOTAGE
LEASE TERM

CONTACT US REGARDING THIS LISTING

Douglas Passon

Managing Partner

Robert Bender

Managing Partner

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PROPERTY ADDRESS

402 Pointe Tremble Rd., Algonac, MI 48001

PROPERTY INFORMATION

Price:
$1,872,500
Cap Rate:
10.0%
Term Remaining:
1 Years
Status:
Available

INVESTMENT SUMMARY

– 11,440 SF Rite Aid Store Situated on Large 2.0 Acre Parcel
– 15 Year NN Lease with Minimal Landlord Responsibilities
– Six, Five Year Options | Less Than One Year Remaining on Lease
– Corporate Guaranteed Lease | Rite Aid S&P Rated “B”