Rite Aid

CONTACT US REGARDING THIS LISTING

Robert Bender

Managing Partner

Douglas Passon

Managing Partner

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PROPERTY ADDRESS

8239 WATERVILLE-SWANTON ROAD, WATERVILLE, OH 43566

PROPERTY INFORMATION

Price:
$6,150,000
Cap Rate:
6.31%
Term Remaining:
14.75 years Years
Year Built:
2014
Status:
Available

INVESTMENT HIGHLIGHTS

  • Newer Construction, 14,673 SF Rite Aid Pharmacy
  • 20 Year Absolute NNN Lease | No Landlord Responsibilities
  • 10% Rent Bumps at Year 11
  • Corporate Guaranteed Lease | S&P Rating "B"
  • Over 163,000 Residents Within 10 Miles
  • 1.27% Projected Population Growth Within 5 Miles by 2023
  • 5 Mile Median Home Value Exceeds $234,000
  • Hard Corner Location With Excellent Visibility
  • 5 Mile Average Household Income Exceeds $113,000