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| Price $4,549,000 | Built/Renov 2005 | Tenant Rite Aid |
| Cap Rate 6.50% | Lease Type
NN+ | Guarantor Corp Traded |
| Size/SF
11,180
| Lease Start
02-27-2006
| #Units
1,690
|
| Price/SF $406.89 | Expiration
02-28-2034
| Tenant Type Pharmacy |
| NOI $295,685 | R. Term 9.5 | Ownership Fee Simple |
| Rent/SF
$26.45
| Increases 5.0%/6/yrs | Pop 5Mi 97,006 |
| Lot/AC 1.40 | Options 6/5yrs/5% | AHHI 5Mi $76,223 |
| | |
This Rite Aid is positioned at the signalized intersection of Rawsonville Rd. and W Huron River Drive and has excellent visibility and frontage along Rawsonville Rd (35,600+ VPD). It is also located within close proximity to Interstate 94 which boasts over 107,00 VPD. This is an extremely strong performing store with heavy foot traffic at the site. Located less than a mile from the Ford...
...Signalized intersection
In location for years
Freeway close
Top 100 MSA
Long operation history
Long 10+ yr lease
Favorable NN+ lease
Top performing store
Traded and rated company
Corporate Guarantee
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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2027 Total Population : | 2,699 | 35,803 | 98,611 |
| 2022 Total Population : | 2,641 | 35,303 | 98,180 |
| 2022 Employed Civilian Pop : | 1,330 | 17,698 | 48,195 |
| 2022 Total Businesses : | 87 | 569 | 2,242 |
| 2022 Average Household Income : | $ 101,569 | $ 87,247 | $ 86,526 |
| 2022 Total Consumer Spending : | $ 98 M | $ 1138 M | $ 3112 M |
| 2022 Median Age : | 44 | 37 | 37 |
| 2022 Total Households : | 1,136 | 15,082 | 41,613 |
| 2022 Pop Age 25+: Bachelor's Degree : | 311 | 4,632 | 12,863 |
| 2022 Average Home Value : | $ 233,193 | $ 226,820 | $ 235,214 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| W Huron River Dr | Rawsonville Rd | 2009 | 5,598 | 0.04 mi |
| Textile Rd | Rawsonville Rd | 2012 | 9,837 | 0.07 mi |
| Rawsonville Rd | W Huron River Dr | 2008 | 16,511 | 0.07 mi |
| Rawsonville Rd | W Huron River Dr | 2013 | 20,373 | 0.16 mi |
| RAWSONVILLE RD | Textile Rd | 2020 | 23,250 | 0.19 mi |
| Textile Rd | McKean Rd | 2015 | 9,431 | 0.34 mi |
| Bog Rd | Rawsonville Rd | 2008 | 1,738 | 0.38 mi |
| Rawsonville Rd | Blackmore Ave | 2004 | 14,636 | 0.45 mi |
| Rawsonville Rd | Capitol Dr | 2011 | 12,003 | 0.50 mi |
| W Huron River Dr | Farm Rd | 2005 | 7,303 | 0.51 mi |
Jerseyville, IL
Cap Rate 7.50%
Lease Double NN
R. Term 16.50 yrs
Size/SF 11,945
Chicago, IL
Cap Rate 7.15%
Lease Abs NNN
R. Term 6.60 yrs
Size/SF 17,500
Meridianville, AL
Cap Rate 7.10%
Lease Abs NNN
R. Term 9.50 yrs
Size/SF 13,225
Cypress, TX
Cap Rate 5.77%
Lease Abs NNN
R. Term 7.60 yrs
Size/SF 12,725
Jersey Shore, PA
Cap Rate 5.75%
Lease NN+
R. Term 11.40 yrs
Size/SF 10,125
Irvington, NJ
Cap Rate 5.75%
Lease Abs NNN
R. Term 17.10 yrs
Size/SF 12,300
New Braunfels, TX
Cap Rate 5.75%
Lease Abs NNN
R. Term 15.50 yrs
Size/SF 13,038
Batavia, NY
Cap Rate 7.25%
Lease Abs NNN
R. Term 8.40 yrs
Size/SF 11,945
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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