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| Price $4,352,000 | Built/Renov 2006 | Tenant Rite Aid (GL) |
| Cap Rate 8.00% | Lease Type
Abs NNN | Guarantor Corp Traded |
| Size/SF
14,584
| Lease Start
07-31-2006
| #Units
1,690
|
| Price/SF $298.41 | Expiration
08-31-2031
| Tenant Type Pharmacy |
| NOI $348,125 | R. Term 6.9 | Ownership Ground Lease |
| Rent/SF
$23.87
| Increases 0.0%/0/yrs | Pop 5Mi 22,206 |
| Lot/AC 2.39 | Options 7/5yrs | AHHI 5Mi $104,315 |
| | |
Rite Aid is strategically located at the signalized, hard corner intersection of West Street and W High Street, with access to a combined daily traffic count of 1,370 vehicles. The property is almost directly adjacent to the Gettysburg Recreation Sports Park, which features numerous sports and recreational facilities. This prime location is further enhanced as the next closest Rite Aid is 11...
...Signalized intersection
Hard corner intersection
Near major nationals
Hospital close
Top 100 MSA
Affluent AHHI $100K 5 Mi
Long operation history
Absolute NNN
Corporate Guarantee
Publicly traded company
Rite Aid Corporation (OTC: RADCQ) is a leading American drugstore chain. Rite Aid stores offer an array of health products as well as basic healthcare services. It was founded in 1962 in Scranton,...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 8,759 | 16,475 | 24,184 |
| 2024 Total Population : | 8,764 | 16,270 | 23,687 |
| 2024 Employed Civilian Pop : | 3,757 | 6,836 | 10,266 |
| 2024 Total Businesses : | 696 | 1,042 | 1,308 |
| 2024 Average Household Income : | $ 82,539 | $ 103,693 | $ 103,197 |
| 2024 Total Consumer Spending : | $ 188 M | $ 521 M | $ 786 M |
| 2024 Median Age : | 24 | 38 | 42 |
| 2024 Total Households : | 2,577 | 5,771 | 8,719 |
| 2024 Pop Age 25+: Bachelor's Degree : | 948 | 2,200 | 3,110 |
| 2024 Average Home Value : | $ 309,054 | $ 339,105 | $ 346,935 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| W High St | Reynolds St | 2017 | 1,370 | 0.06 mi |
| West Middle Street | Bream Aly | 2020 | 8,779 | 0.11 mi |
| West Middle Street | S Franklin St | 2021 | 9,938 | 0.11 mi |
| Buford Avenue | Bream Aly | 2019 | 10,056 | 0.21 mi |
| Chambersburg St | N Franklin St | 2017 | 13,485 | 0.24 mi |
| S Washington St | South St | 2017 | 6,276 | 0.29 mi |
| Baltimore St | Breckenridge St | 2019 | 12,732 | 0.34 mi |
| Baltimore St | W Middle St | 2019 | 10,788 | 0.36 mi |
| Baltimore Street | W Middle St | 2022 | 10,328 | 0.36 mi |
| Seminary Ridge Avenue | Springs Ave | 2022 | 669 | 0.37 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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